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

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To: UnBelievable who wrote (115907)	8/7/2001 5:25:20 PM
From: patron_anejo_por_favor	Read Replies (3) of 436258

EMLX warns (this time NOT a hoax!): cbs.marketwatch.com; Emulex reports, warns for Q1 and yr (EMLX) By Barbara C. Costanza After the market closed, storage networking host bus adapters supplier Emulex Corp. (EMLX) reported fourth-quarter earnings, while warnings that revenue would for the first quarter would be $55 million. The company posted pro forma earnings of $9 million, or 11 cents a share, compared with the year-ago total of $9.6 million, or 12 cents a share. Analysts polled by First Call anticipated a profit of 10 cents a share. Revenue for the quarter totaled $58.4 million, up 43 percent compared with the year-ago period. Earnings for the first quarter will be about 9 cents, with revenue of about $55 million, while analysts had been expecting earnings of 10 cents, with revenue of $62.4 million. The company cited seasonally soft summer conditions in a continuing difficult economic climate. Revenue for fiscal 2002 is expected to run between $250 million and $255 million, with earnings of about 43 cents a share. Analysts currently expect 50 cents, on revenue of about $279 million. Damn, I shoulda shorted Broke-Aid today...<NG>

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