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Technology Stocks : Stratex Networks, Inc. (STXN) -- Ignore unavailable to you. Want to Upgrade?

To: Rob Preuss who wrote (1225)	12/5/2000 4:57:27 PM
From: riposte	Read Replies (2) \| Respond to of 1762

Endwave expects steeper-than-forecast Q4 loss Rob - I wonder if this report on ENWV has anything to do with it... Steve Endwave expects steeper-than-forecast Q4 loss SUNNYVALE, Calif., Dec. 4 (Reuters)- Endwave Corp. (NasdaqNM:ENWV - news), a maker of high-speed radio frequency products used in broadband wireless systems, warned on Tuesday that it expects to report a steeper-than-forecast loss in the fourth quarter due to slower-than-expected customer demand. Endwave said it expects to report a pro-forma net loss of 28 cents a share, compared with a consensus estimate from Wall Street analysts, as compiled by First Call/Thomson Financial, for a 25-cent-per-share loss. Endwave said it expects fourth-quarter revenues of $13 million and $65 million in 2001. The company attributed the lower-than-previously-forecast revenues to weaker demand from customers selling point-to-multipoint systems in the United States. Endwave also said its fourth-quarter shipments have been constrained by delayed receipt of customer-furnished materials. biz.yahoo.com