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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who wrote (53699)7/11/2002 4:30:33 PM
From: Sully-  Read Replies (2) of 65232
 
16:17 ET Symbol Tech reaffirms Q2, full year (SBL) 6.90 +0.10: Expects to post Q2 net of $0.04 a share on revs of approx. $315 mln (Multex consensus $0.04 and $308 mln). SBL continues to expect full yr of $0.20-$0.25 (consensus $0.23). Plans to take a -time non-cash charge of $0.14 per share to write down the value of its investment in AirClic from $50 mln to $2.8 mln.

16:17 ET Juniper Networks beats by a penny (JNPR) 7.22 +0.11: Reports Q2 EPS of $0.00, $0.01 better than the Multex consensus; revs were $117.0 mln, vs the consensus of $111.7 mln.

16:15 ET Rambus meets Q3 estimates (RMBS) 4.67 +0.20: -- Update -- Reports Q3 EPS of $0.06, in line with the Multex consensus; revs were $23.7 mln, vs the consensus of $23.5 mln.

16:11 ET Sonus Networks beats by a penny (SONS) 1.74 -0.06: Posts a Q2 loss of $0.06 a share, $0.01 better than the Multex consensus, vs yr-ago net of $0.01. Revs fell 59.5% to $21.3 mln (consensus $20.99 mln). Announces Deutsche Telekom's T-Systems division has selected Sonus to build out its next-generation VoIP network.

16:09 ET Powerwave beats by two cents (PWAV) 7.60 +0.34: Company reports Q2 earnings of $0.07 per share, $0.02 better than the Multex consensus estimate; Q2 revs came in at $113.4 mln vs the consensus estimate of $106.5 mln.
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