To: Susan G who wrote (2650 ) 2/15/2001 7:51:22 PM From: Frederick Langford Respond to of 5732 Nortel Networks $29 3/4 $0.200 Article Whisper Discussion About an hour before the market closed on Thursday, institutional investors began selling Nortel Networks (NT). Then, after the market closed, the company announced that it expects revenues of $6.3 billion for the first quarter of 2001 and a loss of $0.04 per share. The consensus earnings estimate is currently $0.16 per share. One institution sold 850,000 shares at $30.50 just minutes before the stock fell $2.00. The average shares per trade for Nortel was 3,500 shares. The stock was trading below $25 in after hours trading. International Business Machines $116.780 $1.680 Whisper Discussion IBM (IBM) said in a Robertson Stephens investment conference on Thursday that it was comfortable with the current earnings expectations and that the company's customer and product mix is helping sales while some are being hurt by IT spending cutbacks. The current consensus earnings estimate is $0.99 for the 1st quarter 2001, which ends on March 31. The company currently expects to release earnings on April 18th. Charles Schwab $24.400 ($0.360) Whisper Discussion Charles Schwab's (SCH) CFO Christopher Dodds said today in an interview that if the account activity it has seen in the first half of February continues throughout the rest of the quarter, it would not meet its first quarter 2001 earnings. The consensus estimate is currently $0.15 per share. While new accounts and net new assets are growing well, the trading activity is hurting revenue and earnings. The company started a cost-reduction program near the end of 2000 and with the current transaction activity being low, the company is now considering cutting jobs. Alltel $53.290 $0.180 Article Whisper Discussion Alltel (AT) warned they would miss FY01 EPS estimates. The consensus EPS estimates for the FY01 are $2.99 per share. The company stated they would post in the range of $2.85-3.00 per share. Merck $78.100 ($1.530) Article Whisper Discussion Merck (MRK) announced they would meet FY01 EPS estimates. Consensus EPS is $3.15-3.25 per share. The company stated they were comfortable with that. They also stated that quarterly growth should should advance as well. Spiegel $7 9/16 1/16 Article Whisper Discussion Spiegel (SPGLA) warned they would miss first quarter EPS estimates. The consensus EPS is a profit of .17 per share. The company however stated they would miss that, posting a loss of .09-.12 per share. LTX Corp $15 3/4 $0.687 Article Whisper Discussion LTX (LTXX) warned they would miss third quarter EPS estimates. The consensus EPS is .31 per share. The company stated they would post about a third of that, posting "about .10" per share. CIENA Corp $89 $12.187 Article Whisper Discussion Ciena (CIEN) announced they would beat FY01 revenue estimates. The consensus revenue estimates were $1.55 billion. The company stated they would post revenues of $1.67-1.76 billion, beating estimates. TRICON Global $35.300 $0.340 Article Whisper Discussion TRICON Global (YUM) announced they would beat FY01 EPS estimates. Consensus is $3.16 per share. The company stated they would post $3.18-3.22 per share. Alternative Resources $1 1/8 Article Whisper Discussion Alternative Resources (ALRC) announced they would top FY01 EPS estimates. The consensus estimates are .15 per share. The company is expecting to top that, posting .20-.25 per share. Crown Castle $25 9/16 Article Whisper Discussion Crown Castle (TWRS) announced they would top revenue estimates for the first quarter. Consensus estimates are $184 million. The company stated they would top that, posting in the $184-205 million range. Consensus EPS for the quarter is a loss of .43 per share. First Consulting $9 7/16 3/16 Article Whisper Discussion First Consulting (FCGI) announced they would beat FY01 EPS estimates. The consensus EPS estimates are .33 per share. The company stated they would beat that, posting .40 per share for the year. Human Genome $46 5/16 $1 5/8 Article Whisper Discussion Human Genome (HGSI) warned they would miss FY01 EPS estimates. The consensus is a loss of .44 per share. The company stated they would post a loss of .56-.72 per share. Mutual Risk $12.400 ($3.870) Article Whisper Discussion Mutual Risk (MM) warned they would miss FY EPS estimates for FY01. The consensus estimates are $1.44 per share. The company lowered that to the $1.25-1.40 per share range. Baker Hughes $40.170 ($2.330) Article Whisper Discussion Baker Hughes (BHI) cut EPS estimates for the first quarter. The consensus EPS estimates are .25 per share. The company stated they would post .20-.22 per share. Office Depot $9.090 ($0.360) Article Whisper Discussion Office Depot (ODP) warned they would miss first quarter EPS estimates. The consensus EPS is .24 per share. The company lowered that to the .19-.22 per share range.