Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Stratasys (SSYS) -- Ignore unavailable to you. Want to Upgrade?

To: SGJ who wrote (278)	2/20/2004 9:49:18 AM
From: dvdw©	Read Replies (1) \| Respond to of 316

SSYS Management forced to give new guidance in response to Phantom/ unnamed analysts; whose expectations are being played by shorts to created Sell side weakness, Accumulation by institutions will occur over this SOP trade program...... Found a Single Analyst....AG Edwards....they are the only ones following; here is their record....Look at the last call if you listened you LOST Big time. Date Research Firm Action From To 21-May-03 AG Edwards Downgrade Hold Sell 2-Jul-02 AG Edwards Downgrade Hold Sell 19-Feb-99 AG Edwards Downgrade Accumulate Maintain 29-Jul-98 AG Edwards Upgrade Maintain Accumulate Dow Jones Business News Stratasys Issues 2004 Outlook Friday February 20, 8:20 am ET MINNEAPOLIS (Dow Jones)--Stratasys Inc. (NasdaqNM:SSYS - News) expects 2004 earnings between 80 cents and 90 cents a share on revenue growth of at least 20% led by its low- cost 3D printers. ADVERTISEMENT In a press release Friday, the provider of office prototyping and 3D printing said it expects revenue for the year between $61 million and $65 million. Analysts surveyed by Thomson First Call (News - Websites) currently expect Stratasys to earn 94 cents a share on revenue of $64 million for 2004. The analysts' earnings estimates ranged from a low of 80 cents to a high of $1.09 a share. In late October, Stratasys said it expected "strong growth" to continue in 2004, and the average First Call estimate at that time called for earnings of $ 1.37 a share this year. On Wednesday, the company reported 2003 earnings of $6.2 million, or 64 cents a share, on sales of $50.9 million. The company also expects a gross profit margin between 63% and 65% in 2004, and anticipates a tax rate of 32% for the year. Nasdaq trading in shares of Stratasys closed Thursday down $2.66, or 12.6%, at $18.40. The stock traded at a 52-week high of $38.73 Oct. 15, and traded at a 52-week low of $6.27 Feb. 20, 2003. Company Web site: stratasys.com