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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (9195)7/20/2001 10:59:11 AM
From: Silver_Bullet  Read Replies (1) of 13094
 
From Briefing.com on CRAY.

Cray Inc (CRAY) 2.75 -0.70: -- Before Open -- Supercomputer company warns that Q2 revenues
will be $28.5-29 mln vs estimate of $33 mln; yesterday, the company eliminated 30 positions (3% of its
workforce); also announced it is reducing capital and materials expenditures, instituting mandatory
vacations, and adopting a number of other cost-saving measures;

FT
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