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Strategies & Market Trends : Groundhog Day -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (1670)	4/18/2002 4:59:13 PM
From: Jorj X Mckie	Respond to of 6346

16:39 ET EMLX Emulex beats on top and bottom-lines (29.91 +1.01) -- Update -- Posts Q3 net of $0.16 a share, $0.03 better than consensus, vs yr-ago EPS of $0.13. Revenues rose 15% to $69.6 mln (consensus $65.78 mln). "As a result of generally improved demand, which is exceeding prior estimates, Emulex reversed $2.2 million of its September 2001 excess and obsolete inventory charge associated with 1 Gbps products." Pro forma results exclude this gain. 16:38 ET MCDT McDATA beats estimates, guides down (8.86 +0.48) -- Update -- Reports Q1 pro forma loss of $0.04, $0.02 better than the Multex consensus; revs were $64.5 mln, vs consensus of $62.5 mln. Expects Q2 pro forma loss of $0.06-$0.08 and revs "roughly comparable" to Q1 (consensus is for a loss of $0.04 and $64.1 mln in revs).