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Strategies & Market Trends : Technical analysis for shorts & longs

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Nov 20 4:00 PM EST

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To: Johnny Canuck who wrote (43295)	5/9/2006 10:39:16 PM
From: Johnny Canuck	Read Replies (1) of 68173

4:25PM Wireless Facilities misses by $0.03 (WFII) 4.06 -0.05 : Reports Q1 (Mar) loss of $0.01 per share, $0.03 worse than the Reuters Estimates consensus of $0.02; revenues fell 7.5% year/year to $83.9 mln vs the $90.2 mln consensus. "In the first quarter, despite better than expected results from our government business, we continued to experience significant challenges in our commercial deployment business with project delays from one of our largest carrier customers and unexpected cost overruns on fixed price contracts. Our plan is to improve on our project execution while continuing to be more selective in the projects that we undertake in order to reduce the risk that is inherent in the deployment business," said Eric M. DeMarco, President and CEO of WFI. [This confirms a little about what came out of CTIA about the slow deployment of 3G limiting services that could really uptick carrier profits.]

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