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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Joseph G. who wrote (7412)10/1/1998 11:25:00 PM
From: yard_man  Read Replies (2) of 86076
 
biz.yahoo.com

Scientific-Atlantaissues Q1 profit warning

ATLANTA, Oct. 1 (Reuters) - Hi-tech communications company Scientific-Atlanta said Thursday it expects its first quarter
earnings to fall more than 70 percent short of Wall Street expectations because the weakness in international markets continues to
dampen its sales.

The company, which provides broadband and satellite-based video communications systems, projected it would earn between $0.02 to $0.05 per share. Analysts
had predicted the company would report a profit of about $0.22 a share, according to First Call Corp., which tracks analysts estimates.

The company said it expects its first quarter sales to be about $257 million, or about 13 percent less than sales of $295 million during the same period a year ago.
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