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To: Johnny Canuck who wrote (40741)	2/23/2004 11:16:08 PM
From: Johnny Canuck	Respond to of 69835

Zoran misses Wall Street targets, posts Q4 loss (ZRAN) by Shawn Langlois SAN FRANCISCO (CBS.MW) -- Zoran (ZRAN) posted a fourth-quarter net loss of 42 cents a share vs. a 1-cent gain a year ago after having twice delayed the release to complete its full-year audit. The consumer electronics device maker took a $1.3 million charge against revenue reflecting the obligations that led to the delay. Excluding charges, Zoran posted a profit of 3 cents a share vs. 24 cents a year earlier. Analysts expected earnings of 8 cents a share. Shares of Zoran closed down 70 cents, or 4.2 percent, at $16. [Harry: Potential to whack ESST if this is not company specific, but a demand issue of DVD chips overall.]