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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: oldirtybastard who wrote (103017)5/17/2001 4:17:59 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
ADI meets reduced estimate, guides lower:

biz.yahoo.com

Regarding the near term, Mr. Fishman said, ``We are currently assuming that weak market conditions will continue through our third fiscal quarter, to be followed by a modest resumption of revenue growth in the fourth quarter. Specifically, we believe third-quarter revenues could decline approximately 10% from the second-quarter level. We anticipate that earnings per share could be in the range of $0.23 to $0.25 at this revenue level. It remains our goal to keep our operating margin at above 20% of sales during this industry downturn.
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