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Enron Mail |
======================== THE MOTLEY FOOL ======================== B R E A K F A S T N E W S Tuesday, September 25, 2001 benjamin.rogers@enron.com ================================================================= IN THIS ISSUE --------------------- - TOP STORY: Lost in America Online http://www.fool.com/m.asp?i=502951 - NEWS TO GO: Steiner Leasure, Coke, and Herman Miller http://www.fool.com/m.asp?i=502952 - POST OF THE DAY: The Weekend http://www.fool.com/m.asp?i=502953 ================================================================= SPONSORED BY: ShareBuilder Buy stocks for just $3! Make dollar-based investments in the stocks and index shares you choose for just $3 per transaction. Or, pay $8 per month for unlimited stock buys. http://www.lnksrv.com/m.asp?i=502954 "Being rich ain't what it's cracked up to be. It's just worry and worry, and sweat and sweat, and a-wishing you was dead all the time." -- Mark Twain, from The Adventures of Tom Sawyer ----------------------------------------------------------------- TOP STORY ----------------------------------------------------------------- LOST IN AMERICA ONLINE All year long, leading media giant AOL Time Warner (NYSE: AOL) had clung to its beefy annual projections that called for $40 billion in revenue and EBITDA (earnings before interest, taxes, depreciation, and amortization) of $11 billion. While its old media peers buckled under a soft ad market and some of its new media peers bowed out completely, AOL Time Warner stood firm. <<FULL STORY: http://www.fool.com/m.asp?i=502955 ----------------------------------------------------------------- NEWS TO GO ----------------------------------------------------------------- While we can all use a good massage about now, here's the rub: Most of Steiner Leisure's (Nasdaq: STNR) spa services take place afloat on cruise ships, and vacationers are putting off their bon voyages. Steiner is now talking down third and fourth quarter projections. The company, which also sells its own line of spa products and runs a few massage schools, feels it has a good grip on its long-term fundamentals. Unfortunately, the bad news in the near term is sure to rub Wall Street the wrong way. Flat is where it's at. Flat panel display maker Kopin (Nasdaq: KOPN) bucked the trend by raising its third-quarter projections. Strong demand for its III-V and CyberDisplay imaging devices has the company expecting a 25% sequential increase in revenue and a loss of $0.15 to $0.17 a share. That's on the low end of analyst estimates. Recession-resistant and sometimes even caffeine free, soda investors can have a Coke (NYSE: KO) and a smile this morning as the carbonated fizz giant is on target to meet its 2001 marks. Thanks to robust consumption in the Asia and Africa markets the company expects volume growth to come in between 4% and 5% this year. Free in flight, AMR (NYSE: AMR) Chariman Donald Carty announced that he would forgo all compensation -- including his salary -- for the rest of the year. Given the troubled state of the airline industry in general, and AMR's American Airlines in particular, it's more a token gesture than a way to reverse the company's possible billion-dollar shortfall this year. There is no easy chair in the office furniture industry. With sales falling 25% over the past year and orders off by a third, Herman Miller (Nasdaq: MLHR) reported earnings before charges of $0.04 a share. While that is in line with analyst projections, it comes after the company had to talk down earnings twice. Originally the company was expected to report profits of $0.40 a share -- essentially what it had earned the year before. Herman Miller also announced that it would be letting 2,600 employees go, which poses the question: What will the company do with all that office furniture? ----------------------------------------------------------------- POST OF THE DAY ----------------------------------------------------------------- THE WEEKEND "I have been reading for days now that economists are worried about "consumer confidence", that a recession is "inevitable". My wife and I have thought it over and have decided to decline the invitation to the recession. We won't be attending." <<FULL POST: http://www.fool.com/m.asp?i=502956 ================================================================= SPONSORED BY: ShareBuilder Buy stocks for just $3! Make dollar-based investments in the stocks and index shares you choose for just $3 per transaction. Or, pay $8 per month for unlimited stock buys. http://www.lnksrv.com/m.asp?i=502957 ================================================================= My Portfolio: http://www.fool.com/m.asp?i=502958 My Discussion Boards: http://www.fool.com/m.asp?i=502959 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=502960 PERKS FOR FOOLS ONLY Get free stuff and special offers, just for you! http://www.fool.com/m.asp?i=502961 CUSTOMER SERVICE Ask our staff for help with email delivery problems. http://www.fool.com/m.asp?i=502962 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=502963 MsgId: msg-8491-2001-09-25_9-21-36-3369629_2_Plain_MessageAddress.msg-09:22:07(9-25-2001) 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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