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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: besttrader who wrote (21564)5/9/2001 10:15:31 AM
From: Connor26  Respond to of 37746
 
AETH looks tempting with this pullback
Wireless enabling technology company Aether Systems (AETH: news, msgs, alerts) reported a narrower-than-expected first-quarter loss of $46.8 million, or $1.16 a share, compared with the consensus estimate of a loss of $1.25 a share. Last year, the company lost $8.6 million, or 29 cents in the first quarter. Revenue totaled $30.7 million, compared with $5.4 million in the year-ago period. The company remains "extremely upbeat" about its position in the marketplace. Shares closed down $1.03 to $16.95 ahead of the news.