Sheldahl Co., lets talk heat Message Board

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Technology Stocks : Sheldahl Co., lets talk heat

SHEL 73.00

-2.0%

3:59 PM EST

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To: jwk who wrote (42)	9/10/1997 9:07:00 AM
From: mike linnihan	of 51

Sheldahl sees Q4 loss $0.32-$0.33/shr NORTHFIELD, Minn., Sept 10 (Reuter) - Sheldahl Inc said Wednesday its fiscal fourth quarter loss may be $0.32 to $0.33 a share, compared with analysts' consensus estimate of a loss of $0.20. Sheldahl said its loss for the quarter, ended August 29, may be in the range of $3.0 million to $3.1 million, compared with analysts' estimate of a loss of $1.8 million. The company said it expects fourth quarter revenues of $27 million, about $2.5 million below the consensus estimate. Sheldahl said the sales decline and the effect on earnings were primarily the result of lower-than-expected automotive interconnect shipments, which resulted from product mix and its temporary effect on certain manufacturing capacity. The company said it will release fourth quarter and full-year results on October 15.

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