Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: Bryan who wrote (30856)	1/30/2001 11:58:38 PM
From: Frederick Langford	Respond to of 49816

01/30 18:36 UPDATE 1-Nuance fourth-quarter loss smaller than expected (adds CEO statement, stock price, background) MENLO PARK, Calif., Jan 30 (Reuters) - Speech recognition software maker Nuance Communications Inc. <NUAN.O> on Tuesday reported a smaller-than-expected fourth-quarter loss as strong demand for Web-based voice services pushed revenues up more than 200 percent. The Menlo Park, Calif.-based maker of the engine that enables online transactions via voice on the phone reported a pro forma loss of $2.6 million, or 8 cents per share, compared with a pro forma loss of $7.2 million, or 32 cents, in the fourth quarter of 1999. Analysts expected a loss of 10 cents, according to First Call/Thomson Financial. Revenues grew 206 percent to $17.4 million from $5.7 million in the fourth quarter of the previous year. Including the effect of extraordinary expenses, the company lost $6 million, or 19 cents a share, compared with a loss of $7.5 million, or 34 cents. "Our record revenues reflect the growing momentum behind our products which are driving the Voice Web marketplace," Ronald Croen, president and chief executive, said in a statement. "During the quarter, we won significant deals with leading wireline and wireless carriers worldwide, expanded our enterprise business and extended our leadership in the portal market." Shares of Nuance fell 12 percent on Tuesday, or $5-3/4, to $41-7/8 before the company released its fourth-quarter results. SpeechWorks International Inc. <SPWX.O>, Nuance's chief rival, last week reported a fourth-quarter loss that was also narrower than expected. SpeechWorks Chief Executive Stuart Patterson did not change his company's outlook for the new year. Analysts have said that speech recognition software may be vulnerable during a technology spending slowdown by U.S. companies because it is not seen as critical. Since August, when SpeechWorks become publicly traded and four months after Nuance did, shares of Nuance have lost 67.6 percent of their value. Shares of SpeechWorks have lost 44.2 percent since August and closed at $31-1/4 on Tuesday. ((New York Newsdesk, 212-859-1700)) COPYRIGHT © 1999 REUTERS LIMITED. ALL RIGHTS RESERVED.

To: Bryan who wrote (30856)	1/31/2001 8:42:17 AM
From: Jack Hartmann	Read Replies (1) \| Respond to of 49816

My fear is that people will buy the whole way down and ultimately end up puking their long positions We already witnessed this in the fall and winter. we got one hell of a knee-jerk rally after the Jan 3rd cut. More I think of that, Most people missed the pop and never got in that day to make money. Everyone and their mother was scared to death of the ramifications of a global recession Me too. One think to remember, money poured in to the mutual funbds during the climb this month. Alot of cash waiting for the dip. Jack

To: Bryan who wrote (30856)	1/31/2001 10:12:06 AM
From: SirRealist	Respond to of 49816

I have a ton-o-faith in AG and Bush And I admire Uncle Algae for his acumen and economic navigational skills. Bush remains an unproven random variable in the equation. Party politics and political favors (and/or paybacks) do not produce pragmatic economic decisions, as a general rule. Only time can tell us whether he chooses the common political path to short-term self-glorification, or the longer term path to effective long-term economic strength for the nation. Blind Faith was great as a band; all other faith has to be earned.