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Technology Stocks : Earnings: Small Cap Tech/ Software -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (155)	3/15/2002 1:30:09 AM
From: 2MAR$	Read Replies (1) \| Respond to of 238

CMVT ( $16-$12-$14)p/e=47 Cap=2.6Bil Forecasts Continued Revenue Fall stockcharts.com[h,a]daclyiay[pc5!c20!f][vc60][iut!Lh5,5!La12,26,9]&pref=G Mar 14, 2002 (ComputerWire via COMTEX) -- Telecoms software developer Comverse Technology Inc is forecasting a futher slide in revenue to $220m and another loss in its first quarter as struggling carriers continue to hold back investment in messaging systems. Its shares crashed 16% to $13.31 on the news as analysts had been confidently forecasting a profit for the first quarter. Its dismal forecast confounded hopes that the sector had hit rock bottom and would now show a slow improvement. Comverse says that despite the ongoing difficult telecom capital spending climate, it remains well positioned as a leader in all major markets. The Woodbury, New York-based company is resting its hopes on a belief that over time, service providers will view enhanced services as an increasingly important strategic weapon. With liquid resources of $1.4bn, Comverse is planning small cash acquisitions. In the fourth quarter to January 31, the net loss was $54m, down from income of $76.9m on revenue of $265m, down from $346.5m; for the year net income is $54.6m, down from $249.1m on revenue 3.6% higher at $1.27bn. Network Briefing Daily: Issue , March 14, 2002

To: 2MAR$ who wrote (155)	3/15/2002 1:37:31 AM
From: 2MAR$	Respond to of 238

TTWO ( $23-$22-?)pe46 cap=$810mil Beats Estimates by a Penny stockcharts.com[h,a]daclyiay[pc5!c20!f][vc60][iut!Lh5,5!La12,26,9]&pref=G Mar 14, 2002 (TheStreet.com via COMTEX) -- Take-Two Interactive Software beat Wall Street's consensus first-quarter earnings estimate by a penny, and the company projected profits for the second quarter and full year that would come in ahead of analysts' expectations. The company earned 92 cents in the latest quarter, up from 25 cents in the year-ago period. Sales for the first quarter rose to $283 million from $158 million in the same quarter a year ago. Analysts polled by First Call expected earnings of 91 cents a share and revenue of $231 million from the video game developer and distributor. Take-Two, which is the subject of an investigation by the Securities and Exchange Commission, recently restated its financial results for most of the last two years to correct revenue recognition errors. Numerous shareholder lawsuits have been filed against the company, and earlier this year, trading in Take-Two's stock was halted for more than three weeks. For the second quarter, the company forecast earnings of 25 cents a share and a top line of $145 million, and for the year, the company expects to earn $1.67 a share on sales of $683 million. Analysts expect second-quarter earnings of 24 cents and full-year earnings of $1.62. The projected sales figures would also top estimates. Additionally, Take-Two named Todd Emmel to the board of directors and appointed Don Leeds to the position of executive vice president of special projects. Emmel will serve as the chairman of the audit committee. He is currently a first vice president at Ambac Assurance. Leeds, who served as a member of the company's board and audit committee from October 2000 through February 2002, will have a number of responsibilities, including acting as a liaison between management and the board and the audit committee. He will also be a member of the company's newly formed executive committee and act as chairman of the new compliance committee.