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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (104811)	5/25/2001 10:37:21 AM
From: Les H	Read Replies (1) \| Respond to of 436258

GE Capital loses $ 1.2 B in derivatives news.cnet.com Lucent buying back its own equipment to destroy digitalmass.boston.com

To: Earlie who wrote (104811)	5/25/2001 10:59:52 AM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

Took on a scout position in Celestica...that POS has defied gravity. The Newtonian apple of warnings season should be just the tonic it needs.....<G> Also covered CIEN short...was a nice quick hitter.

To: Earlie who wrote (104811)	5/25/2001 11:59:14 AM
From: mishedlo	Read Replies (1) \| Respond to of 436258

Ditech Communications Corporation (Nasdaq: DITC) today reported results for its fourth quarter and annual results for its fiscal year ended April 30, 2001. Ditech Communications closed its 2001 fiscal year with revenue of $121.7 million, an increase of 4% over revenues of $116.9 million from the previous year. Revenues for the fourth quarter ended April 30, 2001 were $19.7 million, down 58 percent from revenues of $46.8 million in the same quarter last year. Pro forma results, which exclude non-cash charges associated with acquisitions such as amortization of goodwill, deferred stock compensation, and purchased research and development were: -- Net income for the fourth quarter of fiscal 2001 of $165,000, down from income of $16.2 million in the same quarter last year. -- Diluted earnings per share for the fourth quarter of fiscal 2001 of $0.01 compared to $0.54 for the same quarter last year. -- Net income for fiscal 2001 of $27.7 million, down from $37.2 million for fiscal 2000. -- Diluted earnings per share for fiscal 2001 of $0.91, down from $1.38 for fiscal 2000. Actual results were: -- Net loss for the fourth quarter of fiscal 2001 of $7.2 million compared to net income of $8.9 million in the same quarter last year. -- Diluted loss per share for the fourth quarter was $0.25 per share compared to diluted net income of $0.30 per share for the same quarter last year. -- Net income for fiscal 2001 was $2.1 million, compared to $29.9 million for fiscal 2000. -- Diluted earnings per share for fiscal 2001 were $0.07 compared to $1.11 for fiscal 2000. "While the current market for telecom equipment continues to be very challenging, we're pleased to have achieved these results this quarter...