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Politics : Formerly About Applied Materials

AMAT 262.05

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10:53 AM EST

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To: StanX Long who wrote (57861)	12/20/2001 8:36:23 AM
From: advocatedevil	Read Replies (1) of 70976

Not pretty: Juniper and Jabil 08:09 ET Juniper Ntwks (JNPR) 22.93: -- Update -- Futures tumble and JNPR shares plunge to $19.50 in pre-market after co cuts its Q4 outlook in half. JNPR now sees DecQ earnings of approx. $0.05 a share vs current consensus of $0.10. Co expects rev for the qtr of $150-$155 mln vs previous guidance of $200 mln. Co blames shortfall on caution on the part of its service provider and carrier customers given current market condition. __________ "Juniper Networks, Inc. Revises Q4'01 Outlook" biz.yahoo.com __________ 6:59AM Jabil Circuit (JBL) 24.75: -- Update -- JBL says that the economic environment has deteriorated since its conference call in Sept and that it expects a slower recovery of its business due to the recessionary economy. As a reesult, co reduces Q2 earnings outlook to $0.06-$0.08 (consensus $0.14). For the full yr, sees EPS of $0.50-$0.60 and rev of $3.5-$4.0 bln (consensus estimates $0.69 and $4.33 bln). Expects to resume sequential growth in fiscal Q3 and Q4. ___________ AdvocateDevil

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