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Pastimes : LIST of COs. WITH HIGHLY QUESTIONABLE ACCTG. PRACTICES -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (57)	10/2/2001 5:18:52 PM
From: Paul Berliner	Read Replies (1) \| Respond to of 59

OPMR blowup finally! Heavily shorted co blames WTC but is lying: Their product has such a lengthy sales cycle that there is no way in hell that WTC is the reason for their warnings for this Q and next Q. Stock should be neatly halved tomorrow. That's game for my original list on this thread. As always, beware of high-flying canadian stocks! Tuesday October 2, 5:10 pm Eastern Time Press Release SOURCE: Optimal Robotics Corp. Optimal Robotics Corp. Announces Preliminary Third Quarter Results and Discusses Outlook MONTREAL--(BUSINESS WIRE)--Oct. 2, 2001--Optimal Robotics Corp. (NASDAQ: OPMR - news), today announced that due to the tragic events of September 11, 2001, combined with the soft and uncertain economic environment that has been accelerated by the tragedies, revenue for the third quarter ended September 30, 2001 will be in the range of $33.5 million to $34.0 million with fully diluted earnings per share likely in the range of $0.27 to $0.28. For the fourth quarter of 2001, the Company believes that revenue will be in the range of $14 million to $15 million and that fully diluted earnings per share is estimated to be in the range of $0.00 to $0.01. Historically, the fourth quarter has been the Company's weakest quarter of the year based on seasonality. Due to the economic uncertainty, as well as the slowdown in capital expenditures of most businesses, Optimal is choosing to take a conservative and prudent approach for its outlook for 2002. While it is still difficult to quantify the impact of the recent events coupled with the overall soft economy, Optimal currently anticipates revenues for 2002 will be in the range of $125.0 million to $130.0 million with fully diluted earnings per share for the year anticipated to be in the range of $1.00 to $1.05. The Company will continue to closely monitor its outlook and revise guidance, as necessary. Optimal believes that the underlying fundamentals of its business remain solid and its strategies are sound. The Company continues to remain focused on the long-term growth and profitability of its business. Demand for Optimal's industry-leading self-checkout products continues to be strong and we anticipate that to be the case for the foreseeable future. Despite the effect of the tragic events of September 11, 2001, Optimal will have record revenues for the third quarter and will generate free cash flow both in the third quarter of 2001 and for the entire year. Optimal will release its results for the third quarter and nine months ended September 30, 2001 on Thursday, October 25, 2001 after the markets close. Conference call information will be given in a subsequent press release. Optimal Robotics Corp. is the leading provider of self-checkout systems to retailers in North America. The Company's principal product is U-Scan®, an automated self-checkout system that enables shoppers to scan, bag and pay for their purchases with limited or no assistance from store personnel. This news release may contain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These forward-looking statements may include projecting revenue and profit growth, and statements expressing comfort with analysts' earnings estimates. These forward-looking statements are based on current expectations and assumptions and involve known and unknown risks and uncertainties that could cause Optimal's actual results to differ materially. These risks and uncertainties include price and product competition, dependence on new product development, reliance on major customers, customer demand for our product and services, control of costs and expenses, domestic and international growth, general industry and market conditions and growth rates and general domestic and international economic conditions including interest rate and currency exchange rate fluctuations. For a further list and description of such risks and uncertainties, see the reports filed by Optimal with the Securities and Exchange Commission. Optimal disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.