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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Cactus Jack who wrote (38465)7/2/2001 4:55:35 PM
From: Sully-  Read Replies (1) | Respond to of 65232
 
After Hours Movers : Prices relative to 4 pm ET close...Quite a few warnings in the late session. ISSX -15.17 getting crushed on its warning and sector peer CHKP -4.70 lower in sympathy. Chemical manufacturer DD -1.71 getting hit on a negative pre-announcment as well. Others getting hit include RATL -2.68 and AMKR -1.72.

IKOS Systems (IKOS) 7.19 -0.17: -- Update -- Company warns for Q3; sees loss of $0.45-0.50 vs. current EPS estimate of $0.08.

Multex.com (MLTX) 16.01 -0.24: Company warns for Q2; pegs revenues of approx. $24 mln (mean $30 mln); company sees loss for the qtr, compared to $0.10 profit anticipated by Wall Street. Looking out to Q3 and Q4, MLTX sees flat to slightly positive sequential revenue growth. Company to reduce headcount by 15% and to withdraw from the Sage Online biz.

Oplink Comms (OPLK) 3.43 -0.32: Company warns for Q4; sees loss of $0.04-0.05 vs. current EPS estimate of ($0.01); cites continued softening in demand throughout the fiber optics industry.

Pivotal Corp (PVTL) 18.20 +1.14: Company warns for Q4; sees loss of $0.28-0.32 vs. current EPS estimate of $0.04.

Extensity (EXTN) 8.96 -1.14: Company warns for Q2; sees loss of $0.28 vs. current EPS estimate of ($0.27); company says the last two weeks of the quarter marked a dramatic change in the business climate whereby several major deals delayed to subsequent quarters.

Polycom (PLCM) 22.15 -0.94: Company warns for Q2; sees EPS of $0.12-$0.13 (mean $0.15); puts revenues at $83-$85 mln vs the $91 mln consensus estimate.

Crompton (CK) 10.73 -0.17: Company warns for Q2; sees earnings of $0.10-0.12 vs. current EPS estimate of $0.20; company cites: persistent softness in the U.S. auto production sector; a dramatic drop in industrial production representing the longest period of decline in key industrial indices since the 1982 recession; and significant weakness in capital spending for production machinery.

Natl Instruments (NATI) 32.01 -0.44: Company warns for Q2; sees earnings of approx $0.18 vs. current EPS estimate of $0.27; cities an economy that deteriorated significantly, affecting a broad base of its customers, particularly those in the telecommunications, semiconductor, and automated test equipment industries.

IKOS Systems (IKOS) 7.19 0.17: Enters agreement to be acquired by Synopsys Inc (SNPS). Under terms of the deal, the final per share price will range from $6 to $20 and be determined by IKOS' revenue, change in backlog, and profit before tax for the 12-month measurement period ending June 30, 2002.

Sybase (SY) 16.81 +0.36: Company warns on revs for Q2; sees revs of $232 mln vs. est $246.5 mln; does expect pro-forma operating earnings on a fully-diluted basis expected to be in line with analysts consensus estimates of $0.23.

Informatica (INFA) 16.30 -1.06: Company warns for Q2; puts loss for the qtr at approx. $0.01 a share on revenues of $47 mln vs current consensus estimates of a $0.06 profit and $56 mln in revenues; company continued to see softness in the U.S. economy and further slowing in Europe.

Avid Tech (AVID) 14.55 -1.15: Company warns for Q2; sees revs $108-111 mln vs. consensus est of $125; cites the impact of the global economic slowdown on this quarter's projected results.

Electroglas (EGLS) 17.55 -0.15: Company warns for Q2; trims revenue outlook to $22-$24 mln from previous guidance of $26-$30 mln and consensus of $28 mln.

Amkor Tech (AMKR) 22.48 +0.38: Company warns for Q2; sees revs of $250 mln vs. consensus est of $398 mln; company says "Even though we believe we are gaining market share, we are certainly being impacted by the most severe semiconductor industry downturn in history. Excess inventory within the electronics industry, together with sluggish end market demand, have contributed to a lack of visibility throughout the supply chain that has made forecasting very difficult." .

Internet Security Sys (ISSX) 50.17 +1.61: Company warns for Q2; sees loss of $0.00-0.02 vs. current EPS estimate of $0.15; cites larger customers deferring a significant amount of business, either lowering the amount purchased in the current quarter or deferring the decision to later periods.

E.piphany (EPNY) 10.50 +0.34: Company warns for Q2; sees loss of $0.29-0.30 vs. current EPS estimate of ($0.27); company says, "We believe that the North American market stabilized during the quarter, as revenue in that market declined only slightly from the first quarter. However, our international business, which is less mature and more influenced by larger deals, experienced a more significant sequential decline." .

Resources Connect (RECN) 25.05 -0.79: Reports Q4 earnings of $0.23 a share, $0.03 better than the First Call consensus of $0.20, vs year-ago earnings of $0.15; revenues rose 43.5% to $55.72 mln from a year-ago of $38.83 mln.

Axsys Technologies, Inc. (AXYS) 10.91 -0.96: Company warns for Q2; sees loss of $0.16-0.18 vs. current EPS estimate of ($0.05); company says warning is principally due to weaker results within the Company's Distributed Products Group, which is expected to generate revenues in the second quarter that are approximately $1.7 million less than the second quarter of 2000. This group has seen a significant decline in orders in recent quarters and ships most orders within a short turnaround time.

DuPont (DD) 48.09 -0.15: Company warns for Q2; sees earnings of $0.35-0.45 vs. current EPS estimate of $0.53; "The global economic slowdown that has forced U.S. manufacturing capacity utilization to levels equal to the 1982 recession is now expanding to Europe, South America, and parts of Asia." .

Rational Sftwr (RATL) 27.40 -0.65: Company warns for Q1; sees revs in range of $172-$176 mln vs. consensus ests for $185 mln and pro-forma earnings in the range of $0.07 to $0.08 per share vs. consensus est of $0.08 EPS; cites particular weakness in Europe and in parts of Asia.

Interface, Inc. Announces Second Quarter Preliminary Results Company warns
biz.yahoo.com

Eastman Chemical Company warns Earnings Will Miss Guidance........
dailynews.yahoo.com

3m Sees Lower Earnings Amid Slow Economy
dailynews.yahoo.com
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