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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (34648)10/4/2001 7:23:29 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68284
 
17:01 ET McDATA (MCDT) 12.72 +2.57: -- Update -- Company updates outlook for Q3; sees earnings in the range of $0.01-$0.03 per share versus the current Multex consensus estimate of $0.03 per share; sees revenue of $85-$87 million versus the current consensus estimate of $77 mln; expects to take a one-time $11 to $13 million pre-tax inventory-related charge; see press release.

18:48 ET Sanchez Computer (SCAI) 6.95 +0.26: Company warns for Q4 (Dec); expects a lower EPS in the range of $0.03-0.05 vs. Multex consensus estimate of $0.07; company also reported it expects in Q3 (Sep) an EPS of $0.04 and revenues of $23.8 mln vs. Multex consensus estimates of $0.05 and $25.3 mln respectively; notes that the current economic and political events have affected the company's ability to close new business planned for the quarter and believes they will impact business for the remainder of 2001; see press release.


19:07 ET Acme Comms (ACME) 5.90 -0.10: Company warns for Q3 (Sep); expects Q3 revenue to decline 7%-8% compared to Q3 2000 levels; also expects Q3 broadcast cash flow to decline 28%-30% compared to a year ago; previously, the company estimated that Q3 revenue would be flat to down 5%, while broadcast cash flow would be down 22%-28%; Multex currently estimates revenues to be $17.4 mln; see press release.