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To: shasta23 who wrote (24031)	10/18/1999 12:06:00 PM
From: d. alexander	Read Replies (1) \| Respond to of 68226

Are you shorting :-) d.

To: shasta23 who wrote (24031)	10/18/1999 12:33:00 PM
From: Clint E.	Respond to of 68226

>>>Any ideas why EFII get's crushed today lxk; biz.yahoo.com Related Quotes Monday October 18, 11:25 am Eastern Time FOCUS-Lexmark results solid, but shares off on warning (recasts lead to include share price drop, adds new details grafs 4-5 and 8, byline, PVS LEXINGTON) By Eric Auchard NEW YORK, Oct 18 (Reuters) - Computer printer maker Lexmark International Group Inc. (NYSE:LXK - news) on Monday said third-quarter results edged ahead of expectations but warned fourth-quarter results would be at the low end of analysts' expectations, sending shares tumbling 17 percent in pre-open trading. Third-quarter net income was $77 million, or 56 cents per diluted share, compared with $58 million or 41 cents a diluted share earned in the same period last year. The analysts' consensus for the latest quarter had been 54 cents per share, according to First Call, which surveys brokerage expectations. Lexmark's third-quarter revenues grew 14 percent to $845 million from $744 million in the year-ago quarter. Without the negative impact of translating foreign currencies into U.S. dollars, revenue growth would have grown 15 percent. But the Lexington, Ky. maker of office department laser printers and consumer inkjet printers warned fourth-quarter results were likely to be at the low end of analysts expectations of 66 cents to 80 cents per share. Following the report and earnings warning, shares of Lexmark tumbled in pre-open trading to 77 from its closing price on Friday of 93 on the New York Stock Exchange. ''Our revenue growth of 14 percent in the third quarter reflected the start of a major product transition in the corporate market, production constraints in the consumer market, and adverse currency movements,'' Paul Curlander, chairman and chief executive, said in a statement. ''Combined with Y2K uncertainties, these effects will continue into the fourth quarter, with slightly lower revenue growth expected than in the third quarter,'' he said. He was referring to customer delays in purchasing new printers as the company focuses on making end-of-year fixes to existing equipment to avert potential Year 2000 software glitches. Curlander added: ''The current range of analysts' estimates for earnings per share for the fourth quarter is 66 to 80 cents. We expect that achievement will be in the lower half of that range.'' The First Call analyst consensus had been 72 cents per share in the upcoming fourth quarter. He said he was excited about prospects in the year 2000, once product transition and capacity issues are resolved and that the company remained on track to achieve average long-term earnings growth of 20 percent year over year.