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Re: Zeev Hed post# 5099

Thursday, 07/18/2002 5:52:49 PM

Thursday, July 18, 2002 5:52:49 PM

Post# of 704019

17:46 ET QLogic (QLGC) 41.23 -1.57: On call, company says it sees Q3 revenues rising from Q2 levels by between 3%-8%... Puts sales between $104-108.9 mln v. consensus estimate of 100.35 mln... Expects EPS in Q3 of between $0.23-$0.27... Street was looking for gain of $0.24... Growth will continue to come from Fibre Channel sales, which posted double-digit sequential growth in Q2... Notes that continue to gain market share in key markets.

17:51 ET UTStarcom guides higher (UTSI) 20.67 -0.15: Company guides higher; sees Q3 earnings in the range of $0.27-$0.28 per share vs the $0.27 Multex consensus; sees full year earnings in the range of $0.99-$1.01 per share vs the consensus of $0.97 per share.


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