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To: drsvelte who wrote (8079)4/7/1999 6:01:00 PM
From: drsvelte  Respond to of 14427
 
MANU warns. . .

"Manugistics Group Inc. (MANU) 6 3/4 +11/16: developer and marketer of software products for synchronized supply chain management posts a Q4 pro-forma loss of $0.72 a share, much wider than the First Call loss estimate of $0.47 a share, vs year-ago profit of $0.25 a share; total revenues fell 36% to $40.46 mln; company also notes that the SEC is reviewing its accounting and disclosure with respect to the allocation of the purchase price for the ProMIRA acquisition; see press release....."

And now here's a surprise!

"Advanced Micro Devices Inc. (AMD) 16 3/16 +7/16: chip maker is warning that it sees Q1 revenue below estimates; blames ongoing yield problems with K6-II and pricing pressures for weaker results; sees revenues at around $630 mln; according to First Call, AMD is projected to lose $0.57 a share, vs year-ago loss of $0.60 a share....."

To borrow a phrase from Luc, this company is one POS. Have they ever NOT warned??




To: drsvelte who wrote (8079)4/7/1999 8:39:00 PM
From: sand wedge  Read Replies (1) | Respond to of 14427
 
Huge selloff today, thindoc.

Picked up some more FILE yesterday with the hopes of a quick pop at earnings announcement. Liked DCTM yesterday but was too mesmerized by AOL to do anything about it, notice it is one of the few software stocks that actually went up today. Didn't buy more PRGN, I have plenty of it but wasn't shaken by the drop. That stock has skyrocketed and I think it will again. I think the whole marketplace has ERP and Y2K jitters