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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Murrey Walker who wrote (54545)	8/20/2002 12:55:06 PM
From: Dealer	Read Replies (1) \| Respond to of 65232

Hi Mur! I was wondering the same yesterday....NEWP. I took a quick look last night to see what's up. I would like to hear what Tom thinks......maybe he will post your answer....I hope so.....can't afford the call. :-) It has had several downgrades lately....(do we pay attention to those or is it a buy signal, I fergit.) :-) deals Article: Newport posts loss vs. profit as sales plunge IRVINE, Calif., July 23 (Reuters) - Newport Corp. (NasdaqNM:NEWP - News), which provides precision components used in aerospace and fiber-optics, on Tuesday reported a second-quarter loss as sales plunged on weak demand from the telecommunications industry. Newport posted a net loss of $7.4 million, or 19 cents per share, compared with a net profit of $12.1 million, or 32 cents per share in the year-ago period. Excluding a one-time charge to write down investments in two fiber optic component makers, Newport reported a loss from continuing operations of $1.0 million, or 3 cents per share. Analysts surveyed by Thomson First Call had forecast a loss of 5 cents per share. Newport said net sales fell to $44.0 million from $93.7 million a year earlier. Looking ahead, the Irvine, California-based company said it expects third-quarter sales of $48 million to $51 million and earnings per share