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.
Technology Stocks : C-Cor Electronics-CCBL -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (212)12/14/2000 6:57:31 AM
From: Jim Oravetz  Read Replies (1) | Respond to of 235
 
C-Cor.net warns by Barbara C. Costanza
C-Cor.net Corp. (CCBL) warned investors that revenue for the second quarter would fall short of the current expectations, due to requested delays in shipments from several customers, compounding the impact of previously announced delays in shipments to AT&T Broadband during the quarter. The company said it expects second-quarter earnings of 13 cents to 14 cents a share, with revenue of about $60 million to $63 million. Analysts polled by First Call currently expect a profit of 14 cents a share. According to the company, if delays persist into the second half of fiscal 2001, revenue and earnings could be hurt by as much as 15 to 20 percent for the year. Analysts currently expect a profit of 64 cents for the year.