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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (19402)1/7/2002 4:41:32 PM
From: Sully-  Read Replies (1) | Respond to of 99280
 
16:38 ET ADVO, Inc (AD) 43.18 -1.27 (-2.9%): Announces that it is revising Q1 guidance lower to EPS of $0.58-$0.60 on sales of $285-$287 mln, vs ests of $0.78 on sales of $299.95 mln. The co expects 2002 EPS to be roughly flat in the range of $2.50-$2.55, and rev to show a growth rate in the low single digits (vs consensus of $2.86). "During the December holiday season, retailers did not invest in advertising during this period as vigorously as expected."

16:37 ET Gateway (GTW) 10.25 +0.43: Stock halted; news pending.

16:37 ET Altera (ALTR) 23.90 -0.80: Company updates guidance for Q4; sees revenues of approximately $162.0 mln versus the current consensus estimate of $162.8 mln; company will take $18 mln inventory charge for the quarter.