Intellisync Corp (SYNC) Message Board

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Technology Stocks : Intellisync Corp (SYNC)

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From: richardred	5/23/2005 1:36:18 PM
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Intellisync (SYNC:Nasdaq - commentary - research) fell 20.6% after the company posted third-quarter earnings results that fell short of expectations. The software company posted a loss of $4.4 million, or 7 cents a share, on sales of $15.2 million. On a pro forma basis, the company reported a loss of $2 million, or 3 cents a share. Analysts were expecting break-even results on sales of $14.9 million. A year ago, the company posted earnings of $22,000 on sales of $11 million. Looking ahead, carrier sales, which represented more than 15% of total sales in the most recent period, are expected to represent about 20% during the fourth quarter. Shares traded down 63 cents to $2.43.

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