|
|
Enron Mail |
Please respond to The Motley Fool
======================== THE MOTLEY FOOL ======================== B R E A K F A S T N E W S Wednesday, May 9, 2001 benjamin.rogers@enron.com ================================================================= IN THIS ISSUE --------------------- - TOP STORY: "GAME ON" FOR ACTIVISION http://www.fool.com/m.asp?i=406773 - NEWS TO GO: GLOBAL CROSSING, EMC, AND BRADY http://www.fool.com/m.asp?i=406774 - HOT TOPICS: DELL, CISCO, AND COKE http://www.fool.com/m.asp?i=406775 ================================================================= SPONSORED BY: IBD Learn to invest Foolishly by using Investor's Business Daily. Get an online Fool tutorial with your FREE two-week subscription to IBD. http://www.lnksrv.com/m.asp?i=406776 "Constantly choosing the lesser of two evils is still choosing evil." -- Jerry Garcia ----------------------------------------------------------------- TOP STORY ----------------------------------------------------------------- "GAME ON" FOR ACTIVISION Video game software publisher Activision (Nasdaq: ATVI) announced better-than-expected fiscal fourth-quarter (ended March 31) results after the market's close yesterday and raised its full-year guidance. The company earned $0.03 per share, beating Wall Street's estimate by two cents. Meanwhile, revenues increased 22% over the year-ago period to $127 million. <<FULL STORY: http://www.fool.com/m.asp?i=406777 ----------------------------------------------------------------- NEWS TO GO ----------------------------------------------------------------- Fiber optic telecom firm Global Crossing (NYSE: GX) beat Wall Street's first-quarter expectations after the market's close yesterday, though its loss nearly doubled from the previous year. The company posted a loss of $675.4 million, or $0.76 per share, compared to a loss of $348.1 million, or $0.45 per share, in the year-ago period. That was well ahead of Wall Street's estimate for a loss of $0.88 per share. Revenue grew to $1.1 billion from $906.6 million year-over-year. Network storage firm EMC (NYSE: EMC) announced plans to repurchase 50 million shares of stock. With 2.2 billion shares outstanding, the repurchase translates to about 2.2% of the total float. According to the company's press release, stock purchased under the program will be available for various purposes, including employee stock option and employee stock purchase plans. The company said the news indicates the shares are a good investment. Holding company Internet Capital Group (Nasdaq: ICGE) posted a pro forma net loss of $185 million, or $0.66 per share, compared to a net loss of $35 million, or $0.13 per share, in the year-ago period. The company cut 30 jobs in the quarter and will slice another 15 next month. Moreover, Internet Capital Group took a $1.2 billion charge because the value of its holdings has plummeted. For example, ICGE saw a $700 million drop in privately held software vendor Rightworks, which was recently acquired by to i2 Technologies (Nasdaq: ITWO). Bar code maker Brady (NYSE: BRC) said yesterday it expects third-quarter earnings between $0.42 and $0.45 per share, well below the $0.51 per share it posted in the year-ago period. Wall Street's estimate calls for earnings of $0.49 per share. The company expects sales of $134 million, versus $142.5 million in the year-ago period. Brady also expects 2001 sales of $535 million to $550 million and earnings of $1.60 to $1.75 per share. ----------------------------------------------------------------- HOT TOPICS ----------------------------------------------------------------- TROUBLES AT DELL Amidst layoffs and PC price wars, Dell Fools take a critical look at the state of the company. http://www.fool.com/m.asp?i=406778 LOOKING FOR THE REAL CISCO "I'm amazed and disheartened at how much negativity about Cisco is written by people who are not even inside the company." http://www.fool.com/m.asp?i=406779 GOT A CELL PHONE? GET A COKE! Now there's a way to buy vending machine items... with your cell phone. Yak and snack! http://www.fool.com/m.asp?i=406780 <<MORE HOT TOPICS http://www.fool.com/m.asp?i=406781 ================================================================= SPONSORED BY: IBD Learn to invest Foolishly by using Investor's Business Daily. Get an online Fool tutorial with your FREE two-week subscription to IBD. http://www.lnksrv.com/m.asp?i=406782 ================================================================= My Portfolio: http://www.fool.com/m.asp?i=406783 My Discussion Boards: http://www.fool.com/m.asp?i=406784 My Fool: http://www.fool.com/m.asp?i=406785 Fool.com Home: http://www.fool.com/m.asp?i=406786 My Email Settings: http://www.fool.com/community/freemail/freemaillogin.asp?email=benjamin.rogers@enron.com FAST AND FREE Grab your new Member Benefits and check out what's new for you this week. http://www.fool.com/m.asp?i=406787 CHOOSE THE BEST STOCKS FOR YOUR PORTFOLIO Lean how to evaluate companies in our online seminar. http://www.fool.com/m.asp?i=406788 FOOL DIRECT EMAIL SERVICES Unsubscribe, change your settings, temporarily suspend mail delivery: http://www.fool.com/community/freemail/freemaillogin.asp?email=benjamin.rogers@enron.com EMAIL DISCUSSION BOARD Let us know what you think of our email products: http://www.fool.com/m.asp?i=406789 _________________________________________________________________ © Copyright 2001, The Motley Fool. All rights reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool. MsgId: msg-25265-2001-05-10_9-14-12-3325255_2_Plain_MessageAddress.msg-09:23:09(5-10-2001) X-Version: mailer-sender-master,v 1.84 X-Version: mailer-sender-daemon,v 1.84 Message-Recipient: benjamin.rogers@enron.com
|