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Strategies & Market Trends : Guidance and Visibility
AAPL 256.08+3.3%3:00 PM EST

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To: 2MAR$ who wrote (14219)9/5/2001 4:22:43 PM
From: 2MAR$  Read Replies (1) of 208838
 
Manugistics Estimate -2: First Call 2Q Net View 3c/Share

ROCKVILLE, Md. (Dow Jones)--Citing market conditions and economic
uncertainty, Manugistics Group Inc. (MANU) said it will miss analysts
expectations for the second quarter ended Aug. 31.
In a press release Wednesday, Manugistics said it expects to post a loss for
the period of 14 cents to 16 cents a share, excluding items, on revenue of
$68 million to $70 million.
Wall Street had expected the supply chain software maker to post second
quarter earnings of 3 cents a share, according to Thomson Financial/First
Call.
Manugistics said that late in its fiscal second quarter, many of its
customers became "even more cautious and deliberate" regarding capital
spending.
This resulted in lengthened sales cycles and unexpected order delays, the
company said.

(MORE) DOW JONES NEWS 09-05-01
04:22 PM
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