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To: Paul Berliner who wrote (27)	6/18/2001 5:19:27 PM
From: Paul Berliner	Respond to of 59

ASGN - warns on Q2 and FY: On Assigment lowers 2001 earnings outlook CALABASAS, Calif., June 18 (Reuters) - On Assignment Inc. (NasdaqNM:ASGN - news), a provider of specialist personnel to the scientific and health care industries, on Monday cut its 2001 profit outlook and forecast second-quarter earnings to range from 18 to 19 cents, against 20 cents achieved a year ago. The Calabasas, Calif. company also announced that its board of directors had agreed to raise its stock buyback plan to 10 percent, or to 2.3 million shares of its outstanding common stock. It said it expected revenue in the quarter to June 30, to be flat compared to the same quarter last year when it reported revenues of $47.8 million. For the fiscal year to Dec. 31, On Assignment said it expected revenue growth of 5 to 8 percent over fiscal year 2000 revenues of $195 million, and earnings per share ranging from 82 to 85 cents, compared with 83 cents for the 2000 fiscal year. The revised 2001 revenue and earnings per share estimates represent a decrease from the guidance provided by the company in April when it projected 2001 revenues to range from $220 million to $225 million and earnings per share of 93 to 96 cents.

To: Paul Berliner who wrote (27)	6/18/2001 5:19:53 PM
From: Paul Berliner	Read Replies (1) \| Respond to of 59

ASGN - warns on Q2 and FY: On Assignment lowers 2001 earnings outlook CALABASAS, Calif., June 18 (Reuters) - On Assignment Inc. (NasdaqNM:ASGN - news), a provider of specialist personnel to the scientific and health care industries, on Monday cut its 2001 profit outlook and forecast second-quarter earnings to range from 18 to 19 cents, against 20 cents achieved a year ago. The Calabasas, Calif. company also announced that its board of directors had agreed to raise its stock buyback plan to 10 percent, or to 2.3 million shares of its outstanding common stock. It said it expected revenue in the quarter to June 30, to be flat compared to the same quarter last year when it reported revenues of $47.8 million. For the fiscal year to Dec. 31, On Assignment said it expected revenue growth of 5 to 8 percent over fiscal year 2000 revenues of $195 million, and earnings per share ranging from 82 to 85 cents, compared with 83 cents for the 2000 fiscal year. The revised 2001 revenue and earnings per share estimates represent a decrease from the guidance provided by the company in April when it projected 2001 revenues to range from $220 million to $225 million and earnings per share of 93 to 96 cents.