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

To: Steve Lee who wrote (20355)	1/9/2002 6:24:05 PM
From: sylvester80	Respond to of 99280

Wow! Thanks. I didn't know that.

To: Steve Lee who wrote (20355)	1/9/2002 6:24:20 PM
From: Sully-	Respond to of 99280

18:19 ET LeCroy Corp (LCRY) 18.77 -0.28: Test and measurement instrument company warns that Q2 (Dec) EPS will be loss of $0.02-0.04 vs loss of $0.01 estimate; sees Q2 revenues of $27.5-28.5 mln (consensus $28.4 mln). 18:00 ET Ariad Pharm (ARIA) 5.21 -0.07: Files a shelf registration statement with the SEC for the issuance of up to 3 mln shares of its common stock. 17:34 ET M&T Bank (MTB) 73.99 -0.10: Company reports Q4 earnings of $1.05 per share, $0.05 better than the consensus estimate; for FY02 company says it's comfortable with the Street consensus estimate of $4.89 per share.

To: Steve Lee who wrote (20355)	1/9/2002 7:28:22 PM
From: lh56	Respond to of 99280

also, delphi, visteon, johnson controls, etc. larry

To: Steve Lee who wrote (20355)	1/9/2002 8:44:52 PM
From: Chuck Williams	Read Replies (1) \| Respond to of 99280

I must respond and comment that the actual layoff event will not produce a ripple effect among the tier 1, 2..n suppliers; it is more appropriate to say that the downturn affecting the auto companies by extension affects those that make the parts they use. You cannot correlate supplier layoffs with auto mfr layoffs from a pure volume perspective. Every company is different and they all will make the same decisions based upon how the downturn has impacted them. The retail industry, however, is a completely different story...