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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: SusieQ1065 who wrote (2658)9/24/2002 4:15:53 PM
From: Jorj X Mckie  Respond to of 57110
 
the ole share buyback trick


16:15 ET WFC Wells Fargo authorizes buyback of 50 million shares (48.00 -0.62)



To: SusieQ1065 who wrote (2658)9/24/2002 4:52:09 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 57110
 
No where the heck is that MU news?

well, until then,

16:38 ET RCOM Register.com lowers Q3 forecast (3.32 halted)
Announces that "due to slow sales in July, even less demand in August, and insufficient improvement in Sept," the co currently expects Q3 revs to be between $23-$25 mln (consensus $26.3 mln); also, co expects its deferred rev balances to decline as of the end of Q3 rather than the 5% sequential increase previously projected, and does not expect to remain profitable in Q3.