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Technology Stocks : Purchasepro.com Inc. (PPRO)

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To: VIPER85730 who wrote (565)4/25/2001 11:10:19 AM
From: Kelvin Taylor  Read Replies (3) of 748
 
PurchasePro (PPRO) is tumbling $1.54, or 25 percent, to $4.68. The business-to-business e-nabler said that the first-quarter results it is expected to reveal after the close of trading will be below consensus estimates "due primarily to the deferred recognition of certain license revenue." A Multex survey of analysts currently pegs earnings for the period at 9 cents a share on revenue of $41.8 million

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