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


To: Alan Smithee who wrote (3488)9/30/2002 4:18:22 PM
From: Jorj X Mckie  Respond to of 57110
 
16:15 ET HLIT Harmonic lowers Q3 guidance (1.74 -0.10)
Co now expects a Q3 pro forma net loss of $0.17-$0.22 and net sales of $37.0-$39.0 mln (consensus is a loss of $0.08 and $50.3 mln), which reflects a more significant than expected slowdown in orders from many of its domestic cable customers.

16:13 ET PSEM Pericom Semi guides lower for Q1 (8.62 +0.42)
Company warns for Q1 (Sep); sees net loss of about $0.04 per share vs the Multex consensus estimate of $0.00 per share.




16:10 ET MUSE Micromuse COO resigns (2.49 -0.11)





16:09 ET OPWV Openwave updates guidance for Sept qtr (0.62 -0.05)
Says company's outlook remains that "revenues for the quarter are expected to be $68 million with a potential variability of plus or minus 10%"; pro forma loss per share will range between $0.18 and $0.28 per share -- current Multex consensus estimates are $66.9 million and a net loss of $0.22 per share.




16:07 ET FRX Forest Labs expects to exceed Q2 consensus (82.01 +0.07)
Announces that it expects Q2 performance to exceed the First Call consensus est of $0.57 by at least 30% due to strong net sales volume, which will be about $530 mln; sales during the qtr were primarily driven by the co's antidepressant franchise.




16:05 ET ARO Aeropostale halted: news pending (15.40 -0.80)