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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (3074)7/2/2001 5:15:49 PM
From: Sully-  Read Replies (2) | Respond to of 208838
 
After Hours Indications : A mixed market despite a slew of earnings warnings. S&P futures at 1346 trade three points over fair value while Nasdaq 100 futures at 1840 trade two points below fair value.

MIPS Techs (MIPS) 15.05 -2.25: Company warns for Q4; sees revenues for the period of $14-$15 and EPS of approx. $0.04 vs current consensus estimates of $19.35 mln and $0.08.

Flextronics (FLEX) 26.07 -0.04: Company and Motorola (MOT) revise strategic alliance due to current market conditions. In connection with the modification, FLEX will repurchase the equity instrument previously sold to MOT under a supply agreement signed last year. MOT sees difficulty reaching original volume commitments.

Interface (IFSIA) 6.35 -1.15: Company warns for Q2; sees earnings of $0.03-0.05 vs. current EPS estimate of $0.10; cites the continued decline in the domestic economy and its effect on U.S. corporate confidence as inducing its commercial customers to delay projects, resulting in a more significant slowing of orders than previously experienced.

Electroglas sees Q2 revenues below forecast...... Company warns
biz.yahoo.com
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