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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (61969)	3/13/2002 12:22:11 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Technitrol Expects First-Quarter Loss Because of Weak Demand By Edvard Pettersson quote.bloomberg.com Philadelphia, March 12 (Bloomberg) -- Technitrol Inc., which makes electronic components for the telecommunications and other industries, said it expects a first quarter loss because of weaker than expected demand. Technitrol expects a loss, excluding restructuring and other expenses, of $3.7 million to $4.2 million, or 11 cents to 13 cents a share, it said in a release distributed by Business Wire. In January, it had said it expected first-quarter earnings, excluding certain costs, to be comparable to its fourth-quarter profit of $700,000, or 2 cents a share. In January and February, revenue at the Philadelphia-based company's Pulse unit was weaker than had been previously expected, Technitrol Chairman and Chief Executive James Papada III said in a statement. Demand was also weak at the company's AMI Doduco unit, he said in the statement.