Symantec (SYMC) 57.27 -0.31: -- Update -- On call, says that pricing in the enterprise segment has been reasonably stable, but that it
witnessed a return to "bizarre behavior" in the consumer segment; notes that price competition in consumer space is coming largely from
private companies, but that SYMC remains preferred provider due to its ability to offer both the product and subsequent service... says it
expects gross margins to be 86-87% over the long haul... SYMC +2.38
Maxtor (MXTR) 8 +0.40: Reports Q1 earnings of $0.01 a share, in line with the First Call consensus of $0.01, vs year-ago earnings of
$0.23; revenues fell 8.7% to $630.82 mln from a year-ago of $691.29 mln. Revenue was $630.8 million, 8.7% below revenue of $691.3
million in the 2000 first quarter.
FairMarket (FAIM) 1.33 +0.03: Reports Q1 loss of $0.20 a share, $0.03 better than the First Call consensus of ($0.23). FAIM
reported revenue of $2.7 million, a decrease of 3.7% compared to revenue of $2.8 million, excluding non-recurring revenue, in the fourth
quarter of 2000 and an increase of 33.7% compared to revenue of $2.0 million in the first quarter of 2000. Says 2001 revenue is likely to
be in the range of 0 to 10% over 2000.
WellPoint Health (WLP) 94.15 +5.94: Reports Q1 earnings of $1.48 a share, $0.03 better than the First Call consensus of $1.45, vs
year-ago earnings of $1.23.Revenues of $2.62 billion were up 22%. |
