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Strategies & Market Trends : Trend Setters and Range Riders

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To: bobby is sleepless in seattle who started this subject	4/25/2001 4:34:54 PM
From: StoxRider	Read Replies (1) of 5732

NUFO not good, we may seen brian finnerty holding a sign "i will work for food" soon, not sure if someone could call them worse <g> New Focus (NUFO) 16.34 -0.83: Reports Q1 loss of $0.04 a share, $0.02 worse than the First Call consensus of ($0.02); revenues rose 316.7% to $40.76 mln (consensus $39 mln) from a year-ago of $9.78 mln. The 4 cent loss excluded a $28.5 mln inventory writedown. Company says that it has seen additional order cancellations and push-outs in April and is therefore reducing Q2 revenue guidance to $28-32 mln vs consensus of $37 mln; will close facilities and will cut employment to 1,200 from 2,100

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