Clown-Free Zone... sorry, no clowns allowed Message Board

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

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To: reaper who wrote (145946)	1/24/2002 4:23:26 PM
From: yard_man	Read Replies (2) of 436258

And still people keep buying this stuff -- amazing! >>JDS, which has shed over half its work force to keep up with sliding demand, said pro forma losses in the quarter ended Dec. 31 rose to $255 million, or 19 cents a share, compared with earnings of $208 million, or 21 cents a share in the year ago period. Losses according to generally accepted accounting principles (GAAP) totaled $2.1 billion or $1.60 per share. Sales in the quarter were less than one-third of year-ago figures, dropping to $286 million, from $925.1 million in the second quarter of fiscal 2001. Analysts polled by Thomson Financial/First Call had expected a loss prior to goodwill of 2 cents a share on sales of $284.3 million. The company warned in early December that sales would dip about 10 percent from the first quarter and fall in the range of $279.7 million to $296.1 million. <<

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