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To: Bob who wrote (11043)	6/21/2001 4:14:04 PM
From: Tom Hua	Read Replies (2) \| Respond to of 19633

Thanks Bob, status of Fed cut prediction by this group: 1 for 0 bp 12 for 25 bp 4 for 50 bp Thursday June 21, 4:05 pm Eastern Time Press Release Symantec Revises First Quarter Outlook Enterprise Strength Cannot Offset Weakness in Consumer Spending CUPERTINO, Calif.--(BUSINESS WIRE)--June 21, 2001--Symantec Corp. (Nasdaq:SYMC - news) today announced that it is revising guidance for the first fiscal quarter, ending June 29, 2001, due to weak spending in the consumer and small business segments worldwide and negative foreign currency effects. The company anticipates sales for its fiscal first quarter between $225 million to $235 million compared to prior guidance of $255 million to $263 million and compared to $225.4 million in the year ago period. The lowered sales forecast is expected to result in cash earnings per share between $0.39 and $0.47 as compared to the previous forecast of $0.62 to $0.67 and compared to $0.60 a year ago excluding acquisition related and one-time charges. Regards, Tom