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To: shulz who wrote (58811)	6/27/2002 4:44:35 PM
From: 2MAR$	Respond to of 208838

Manugistics' quarterly net loss widens, (FirstCall ests=-$27c) ROCKVILLE, Md., June 27 (Reuters) - Software company Manugistics Group Inc. <MANU.O> on Thursday posted a wider fiscal first-quarter loss as sales slowed from a year ago, and said it would cut 12 percent of its workers and contractors. The Rockville, Maryland-based seller of software that lets manufacturers share purchasing and inventory data with suppliers over the Internet had a net loss of $27.1 million, or 39 cents per share, compared with a net loss of $23.4 million, or 35 cents, a year earlier. Revenues slipped 19 percent to $74.6 million from $92.4 million for the period ended May 31. Excluding charges, the company had a quarterly loss of $18.4 million, or 27 cents per diluted share. A year ago, it posted a profit of $2.2 million, or 3 cents, before charges. Manugistics warned earlier this month it would post a loss, excluding charges, in the quarter. Analysts cut their estimates, with an average forecast of a loss of 27 cents per share on revenues of $71.31 million, according to Wall Street tracking firm Thomson First Call. ((Palo Alto bureau 1 650-461-3401 or lisa.baertlein@reuters.com)) REUTERS