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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 690.31

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Dec 26 4:00 PM EST

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To: Johnny Canuck who wrote (40796)	3/9/2004 12:42:09 AM
From: Johnny Canuck	Read Replies (1) of 69284

16:06 HTCH Hutchinson sees Q2 at low end (27.56 -0.73) Co announces that it expects Q2 results to be at the low end of its prior guidance of $0.40-$0.50 in EPS and $120-$130 mln in sales (consensus $0.45 and $125.9 mln). The co continues to expect to ship 135-145 mln suspension assemblies in Q2. "Shipment volumes and average selling prices matched our expectations during the first two months of the second quarter... Recently, however, demand softened. We believe this slowdown results primarily from a short-term reduction in suspension consumption among some of our major customers."

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