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======================== THE MOTLEY FOOL ======================== B R E A K F A S T N E W S Tuesday, October 16, 2001 benjamin.rogers@enron.com ================================================================= IN THIS ISSUE --------------------- - TOP STORY: Kimberly-Clark Off the Mark http://www.fool.com/m.asp?i=518442 - NEWS TO GO: World Wrestling Federation, Central Parking, and Novellus Systems http://www.fool.com/m.asp?i=518443 - POST OF THE DAY: My Berkshire http://www.fool.com/m.asp?i=518444 ================================================================= SPONSORED BY: Datek Datek Online. Built to trade. *Proprietary auto routing technology | *$9.99 commission for online equity trades | *60-second execution commitment. Apply for a Datek Account Now! http://www.lnksrv.com/m.asp?i=518445 "I'm living so far beyond my income that we may almost be said to be living apart." -- ee cummings ----------------------------------------------------------------- TOP STORY ----------------------------------------------------------------- KIMBERLY-CLARK OFF THE MARK Grab a Kleenex, folks. Kimberly-Clark (NYSE: KMB) announced that it would be missing its quarterly mark. While its preliminary third-quarter take has revenue climbing by 5% over last year, it now expects operating earnings per share to come in at just $0.80 a share. That's off last year's $0.84 a share showing and a nickel below Wall Street's estimates. <<FULL STORY: http://www.fool.com/m.asp?i=518446 ----------------------------------------------------------------- NEWS TO GO ----------------------------------------------------------------- If you want to find out what The Rock is cooking this weekend, you'll need more than DirecTV. After sparring over how to split up pay-per-view revenue since their contract expired earlier this year, World Wrestling Federation (NYSE: WWF) and the Hughes' (NYSE: GMH) owned DirecTV have decided to part ways. Starting with Sunday night's No Mercy presentation, the wrestling performance will not be made available to DirecTV subscribers. In a New York minute, Central Parking's (NYSE: CPC) earnings outlook can change. The parking lot operator, which has been an aggressive consolidator in its fragmented sector, has felt the pinch of empty parking spaces since last month's terrorist attacks. The company, which oversees 1.5 million parking spaces worldwide, is looking at fiscal fourth-quarter earnings per share to come in between a dime and $0.14. The analysts -- following the company as closely as a mall driver behind someone heading out of the stores -- were expecting the September quarter results to come in closer to $0.21 a share. When you're a semiconductor production equipment maker, the bright side is often a paler shade of gray. Novellus Systerms (NVLS) announced quarterly bookings of just $124 million, well below its summer forecasts of $160 million, yet still managed to meet analyst targets of $0.24 in earnings per share. While proclaiming weakness in every region and thinner gross margins, Novellus is comfortable with fourth-quarter projections given its cost-shaving strategy. While the company has implemented salary cuts it is one of the few tech players to have skirted the layoff process. One is the loneliest number, and B2B's fallen hero Commerce One (Nasdaq: CMRC) is getting closer to that number in terms of headcount. The e-commerce software specialist will be cutting its payroll by 1300 employees -- 46% of its workforce. Seven hundred of those will be laid off while another 600 will be part of the company's attempt to spin-off some of its service operations. With minority shareholder SAP announcing that it has no intentions of swallowing the 80% of the company it does not presently own, Commerce One's mounting losses are troubling for the company as an independent. Pro-forma profits have been cut in half but Unisys (NYSE: UIS) marches on. The e-business solutions provider met Wall Street's reduced $0.07 a share profit number -- a figure which was as high as $0.18 a share just last month. Backing out currency fluctuations, revenue came in essentially flat from year-ago levels. Recognizing its deteriorating margin levels, the company will be aggressively cutting costs in the current quarter. The move will include doing away with 3,000 jobs. ----------------------------------------------------------------- POST OF THE DAY ----------------------------------------------------------------- MY BERKSHIRE "I bought my first Berkshire shares a few years ago with the money that my grandmother left me in her will. The money that was left over paid my exam fees for the toughest Actuarial exam you can take in England. Those Berkshire shares will NEVER be sold. I may end up on skid row, I may end up being dragged through the courts, who knows. But those shares will NEVER be sold. They will have to prized from my cold dead hands. That certificate is one of my most prized possessions." <<FULL POST: http://www.fool.com/m.asp?i=518447 ================================================================= SPONSORED BY: Datek Datek Online. Built to trade. *Proprietary auto routing technology | *$9.99 commission for online equity trades | *60-second execution commitment. Apply for a Datek Account Now! http://www.lnksrv.com/m.asp?i=518448 ================================================================= My Portfolio: http://www.fool.com/m.asp?i=518449 My Discussion Boards: http://www.fool.com/m.asp?i=518450 WANNA TAKE THE SHORTCUT? Check out our new Crash Courses, the fastest way to get your finances in order. Get results in less than an hour, for just $10. Try one today! http://www.fool.com/m.asp?i=518451 PERKS FOR FOOLS ONLY Get free stuff and special offers, just for you! http://www.fool.com/m.asp?i=518452 CUSTOMER SERVICE Ask our staff for help with email delivery problems. http://www.fool.com/m.asp?i=518453 UNSUBSCRIBE Here's how to unsubscribe or change your settings. http://www.fool.com/community/freemail/freemaillogin.asp?email=benjamin.rogers@enron.com _________________________________________________________________ Copyright © 1995-2001 The Motley Fool. All rights reserved. Legal Information: http://www.fool.com/m.asp?i=518454 MsgId: msg-26510-2001-10-16_8-59-05-3234514_2_Plain_MessageAddress.msg-09:01:07(10-16-2001) X-Version: mailer-sender-master,v 1.84 X-Version: mailer-sender-daemon,v 1.84 Message-Recipient: benjamin.rogers@enron.com
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