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: patron_anejo_por_favor who wrote (111296)	7/5/2001 4:54:28 PM
From: Sully-	Read Replies (1) \| Respond to of 436258

AFTER THE CLOSE ****** Talarian (TALR) 1.38 -0.02: Company warns for Q3; sees loss of $0.20-0.22 per share vs. current EPS estimate of ($0.19). Advanced Micro (AMD) 28.64 -0.83: -- Update -- Says Q2 revs were $985 mln vs. consensus est of $1,080 mln; earnings for Q2 were $0.03-$0.05 per share vs. consensus ests for $0.26 EPS; cites weakness in the PC mkt which depressed avg selling prices. Advanced Micro (AMD) 28.64 -0.83: -- Update -- Company warns sales declined 17% from the first quarter; cites weaker than expected flash memory demand. EXE Tech (EXEE) 4.90 -0.50: Company warns for Q2; sees loss of $0.08-0.11 vs. current EPS estimate of $0.04; revs for Q2 are expected to be $25-$26 mln vs. consensus ests of $30.5 mln; will eliminate approximately 120 positions across all functions and regions, representing approximately 17% of the company's workforce. After Hours Movers : Prices relative to 4 pm close... Investors have a few more earnings warnings to consider tonight. TKLC -3.85 taking the worst of it after warning for its current quarter. INTC -0.39 trading off as traders wait to see why AMD has been halted. eXcelon (EXLN) 1.32 -0.08: Company warns for Q2; sees loss of $0.31-0.33 vs. current EPS estimate of ($0.07). Management Ntwrk (TMNG) 6.25 +0.15: Company warns for Q2; sees revs $13.5-14 mln vs. consensus est of $18 mln; sees earnings of $0.07-$0.08 vs. current EPS estimate of $0.10; says demand for consulting services was affected by the slowdown in the global telecom industry. Int. Intelligence (ININ) 10.02 -0.38: Company warns for Q2; sees loss of $0.16-0.20 vs. current EPS estimate of ($0.05); revs for Q2 will be in the range of $12.5-$13.0 mln vs. consensus ests for $14.3 mln; says many organizations are reducing spending on all technology for the short term due to economic uncertainty. Optibase Ltd. (OBAS) 5.52 -0.01: Company warns for Q2; sees loss of $0.20-0.25 vs. current consensus EPS estimate of ($0.17); cites continued broad weakness in the technology markets. Argonaut (AGNT) 5.83 +0.13: Company warns for Q2; sees revs of $3-3.2 mln vs. consensus est of $5 mln; cites a challenging business environment characterized by delayed or postponed purchasing decisions and reduced capital expenditure budgets as a result of uncertain economic conditions. Advanced Micro (AMD) 28.64 -1.12: Trading halted; news pending. TEKELEC (TKLC) 25.45 -0.81: Company warns for Q2; sees earnings of $0.02-0.03 vs. current EPS estimate of $0.17; "Near the quarter's end, we witnessed an abrupt belt tightening by customers, resulting in an unanticipated reduction in order activity from our customer base -- both carriers and equipment manufacturers -- that we had been able to largely avoid until now." . Starbucks (SBUX) 21.92 -0.07: Reports a 3% increase in June same-store sales; total revenues for the period increased 19% to $259 mln. BMC Software (BMC) 22.78 -0.83: Company warns for Q1, sees revs in the range of $338-$345 mln vs. consensus ests of $361 mln; diluted earnings per share are preliminarily estimated to be in the range of $.06-$.08 vs. consensus ests for $0.13 EPS; says the current economic environment is challenging and as a result its closure rates at the end of the quarter were lower than we expected. Ö¿Ö

To: patron_anejo_por_favor who wrote (111296)	7/5/2001 5:15:37 PM
From: Dr. Jeff	Read Replies (2) \| Respond to of 436258

EMC Announces Preliminary Second Quarter Results Revenue Expected to Be Approximately $2 Billion Earnings Per Share Expected to Be in Range of $0.04 to $0.06 HOPKINTON, Mass.--(BUSINESS WIRE)--July 5, 2001--EMC Corporation (NYSE:EMC - news) today announced estimated revenue and earnings per share for the second quarter of 2001, which ended June 30, 2001, based on preliminary financial results. EMC expects total consolidated revenue to be approximately $2 billion, and earnings per share to be in the range of $0.04 to $0.06 for the second quarter. EMC plans to announce complete second-quarter results on the morning of Wednesday, July 18, 2001. ``EMC's business is being impacted to a degree with each unanticipated downward step in the global economy. It now appears that there are fewer dollars being invested in information technology than a year ago,'' said Joe Tucci, EMC's President and CEO. ``The earnings results for EMC's major customers - the bulk of the S&P 500, for example - have been like a ball rolling down a hill for each of the past three quarters. When our customers earn less money, most of them have less to spend on IT, and they take a longer time to spend what they do have. That means lowered revenue and profitability for EMC. We are helping customers manage through their fiscal constraints by delivering more value for their storage dollar than they have ever been able to obtain, but the associated impact on EMC's margins is more significant than anticipated. Although this quarter was a disappointment, we continued to close business at the expense of our competitors throughout the information storage landscape.'' Bill Teuber, EMC Senior Vice President and Chief Financial Officer, said, ``Clearly, the economic slowdown that began in the U.S. has now spread to virtually all international geographies, which were further impacted by a strong U.S. dollar. As a result, sales cycles have continued to elongate. We expect gross margins for the second quarter will be in the mid-40 percent range, reflecting several factors: lower sales volume than anticipated, customer incentive programs, and our competitive pricing actions. We will present further analysis of the factors impacting gross margins in our July 18 conference call.'' ``We generated a significant amount of revenue over the course of the final days of the quarter,'' continued Teuber. ``We are in the process of closing the books and, therefore, the information presented in this announcement is preliminary. We wanted to make sure we communicated as quickly as possible, but we will not be in a position to comment further until we announce full second-quarter results on July 18.'' biz.yahoo.com