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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: Jimbo Cobb who wrote (10081)	1/14/2002 5:04:32 PM
From: Mao II	Respond to of 12662

Not KM, but Im interested in FLM. BTW U C this: 16:52 ET Gap Inc (GPS) 15.55 -0.23: Moody's cuts company's long-term debt rating to BAA3 from BAA2; says rating may be cut further. 16:41 ET Corning Inc (GLW) 9.81 -0.27: -- Update -- Company expects Q4 revenues of $975 mln versus the current consensus estimate of $979.1 mln. 16:39 ET Corning Inc (GLW) 9.81 -0.27: Company warns for Q4; expects pro forma net loss in the range of $0.28-$0.29 per share versus the current consenus estimate for a net loss of $0.22 per share; wider than expected loss is due to the company's decision to take pre-tax operating charges of approximately $178 million ($109 million after-tax), or $0.12 per share, in the fourth quarter of 2001. M2

To: Jimbo Cobb who wrote (10081)	1/14/2002 5:12:28 PM
From: Mao II	Respond to of 12662

Here is FLM response to debt issue: 15:59 ET Fleming Cos (FLM) 17.55 -0.02 (-0.1%): -- Update -- Co responds to notification by Moody's that it is placing Fleming's debt under review for possible downgrade: "Our assessment of risk associated with Kmart apparently leads us to a much different conclusion." Co is reaffirming Q4 earnings expectations of $0.61-$0.65. FLM expects to report that it reduced debt by approximately $75 mln from Q3 levels and anticipates that it will continue to reduce debt in the 2002 fiscal year by an additional $100-$150 mln.