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Technology Stocks : Hewlett-Packard (HPQ)

HPQ 25.15

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3:59 PM EST

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To: PCSS who wrote (1680)	8/21/2002 8:46:08 AM
From: Elwood P. Dowd	Read Replies (4) of 4345

RadioShack Corp Updates 3rd Quarter Financial Outlook FORT WORTH, Texas -(Dow Jones)- RadioShack Corp. (NYSE:RSH - News) cut its earnings and sales guidance for the fiscal third quarter, citing sales that softened " abruptly" in August. In a press release Wednesday, the consumer electronics retailer said it expects third quarter earnings of 23 cents to 26 cents a share, down from its July estimate of 33 cents a share. A Thomson First Call consensus estimate projects earnings of 34 cents a share for the quarter ending September. RadioShack had total sales growth of 2% in July, but August sales trends " deteriorated dramatically." The financial weakness was across many categories.

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