SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: drsvelte who wrote (28524)9/28/2000 9:27:12 AM
From: drsvelte  Respond to of 68077
 
More pressure on DSL equipment mfgs....

07:24 ET Paradyne (PDYN) 10: -- Update -- Company says that based on meetings with customers, they did not replace Paradyne with another DSL supplier, but they have changed their equipment purchasing plans.

07:22 ET Paradyne (PDYN) 10: -- Update -- Company says several network service provider customers have changed their plans for rolling out DSL services. PDYN no longer believes these customers will purchase significant amounts of its equipment. Company sees Q3 EPS of breakeven to ($0.02) vs profit of $0.12 anticipated by Wall Street. Sees FY00 earnings of $0.08-$0.12 vs First Call mean of $0.39.

07:04 ET Paradyne (PDYN) 10: Manufacturer of broadband network access products warns that Q3 results will disappoint. Also sees shipment weakness in Q1 and FY01.