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To: SusieQ1065 who wrote (7054)	7/19/2001 8:13:29 AM
From: SusieQ1065	Read Replies (1) \| Respond to of 208838

STOR reports 1 penny narrower loss, reduces full yr rev guidance. 08:05 ET StorageNetworks (STOR) 6.38: Reports a Q2 loss of $0.33 a share, a penny narrower than the consensus loss estimate of $0.34; revenues rose to $33.4 mln, up 23% qtr/qtr and 318% yr/yr. Company says it is disappointed at the speed of which new bookings are occurring. STOR reducing full yr rev. guidance to $120-$127 mln (consensus $149 mln) and cutting headcount by approx. 220 employees or 33%.