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To: Johnny Canuck who wrote (40851)	3/19/2004 12:54:35 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70328

7:31AM Enterasys Networks cuts Q1 revenue outlook (ETS) by Ciara Linnane NEW YORK (CBS.MW) -- Enterasys Networks (ETS) said it's lowering its first-quarter revenue outlook to $85 to $90 million due to declining service revenue in a tough competitive environment. The average estimate of analysts polled by Thomson First Call was for revenue of $101.1 million. "Factors of note include deal specific pricing pressure, delays in various government budget cycles, and sales execution issues that led to previously announced changes in the sales organization," the company said in a statement. Chief executive William O'Brien said the company is still aiming to achieve profitability in the second half and plans to cut costs and lower its quarterly breakeven point by at least $10 million. Shares ended Thursday down 1.3 percent at $3.07.