Zeev's Turnips Patch-No Politics (ZEEV)

[wstera2]

16:38 ET eBay reports Q2 results (EBAY) 60.45 -1.17: Reports Q2 earnings of $0.19 per share vs no comparable consensus because the company recently pre-announced; net revenues totaled $266.3 million; expects that net revenues for Q3-02 "could range between $278 and $281 million, Q3-02 pro forma earnings per diluted share will approximate $0.19."

16:37 ET Gateway misses by 2 cents, issues guidance (GTW) 3.66 unch: -- Update -- Reports Q2 loss of $0.19, $0.02 worse than the Multex consensus; revs were $1.0 bln, vs consensus of $991.8 mln. Co expects Q3 rev to increase sequentially and net loss to improve modestly from Q2 (consensus is a loss of $0.10 and $1.15 bln), and reaffirms 2002 guidance for rev of $4.5-$5.0 bln (consensus $4.45 bln).