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Strategies & Market Trends : Guidance and Visibility

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To: JeanD who wrote (41462)	1/29/2002 5:07:37 AM
From: SirRealist	Read Replies (1) of 208838

Careful on MANH: Manhattan Associates sees Kmart bankruptcy impact MONDAY, JANUARY 28, 2002 6:52 PM - Reuters U.S. Company News ATLANTA, Jan 28 (Reuters) - Software company Manhattan Associates Inc. (MANH) said on Monday it expects to report up to $5 million in negative pretax impact to its operations during the fourth-quarter due to the bankruptcy of discount chain Kmart Co. (KM) . Manhattan Associates said that figure represents mainly its accounts receivable from Kmart and anticipated direct expenses. But the company said it anticipates no significant negative impact on its 2002 operations. Manhattan Associates shares closed Monday trading down $1.76, or more than 6 percent, at $25.94 on the Nasdaq. REUTERS Rtr 18:52 01-28-02

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