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


To: Johnny Canuck who wrote (35399)12/4/2001 10:47:31 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 69116
 
18:39 ET INRANGE (INRG) 8.95 +2.46: -- Update -- Announces repurchase of up to $20 mln of its Class B common stock. Also, announces a strengthening of its business during the quarter and it is increasing its revenue and EPS guidance for Q4 (Dec); revenues are now expected to be in range of $60-66 mln (consensus $56.9 mln), with earnings from loss of $0.02-0.02 profit (consensus loss of $0.02).

[Harry: Storage has been one of the strong sectors to date. It looks like some companies are still gaining traction with new product offerings despite the reduced corporate spending and EMC predatory pricing to gain share.]