Message-ID: <8386631.1075852093208.JavaMail.evans@thyme> Date: Wed, 23 May 2001 12:07:00 -0700 (PDT) From: fool@motleyfool.com To: benjamin.rogers@enron.com Subject: Breakfast News: Intuit's Doing More With Less Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: The Motley Fool X-To: benjamin.rogers X-cc: X-bcc: X-Folder: \BROGERS (Non-Privileged)\Rogers, Benjamin\Motley Fool E-mails X-Origin: ROGERS-B X-FileName: BROGERS (Non-Privileged).pst Please respond to The Motley Fool ======================== THE MOTLEY FOOL ======================== B R E A K F A S T N E W S Wednesday, May 23, 2001 benjamin.rogers@enron.com ================================================================= IN THIS ISSUE --------------------- - TOP STORY: INTUIT'S DOING MORE WITH LESS http://www.fool.com/m.asp?i=413931 - NEWS TO GO: NOVELL, COMPUTER ASSOCIATES, AND NVIDIA http://www.fool.com/m.asp?i=413932 - HOT TOPICS: AOL TIME WARNER, EBAY, AND FORD http://www.fool.com/m.asp?i=413933 ================================================================= SPONSORED BY: Merrill Lynch Direct Invest on your own, not alone with Merrill Lynch Direct. Access research from our award-winning analysts and invest online from $29.95 per equity trade. Enroll and get $100. http://www.lnksrv.com/m.asp?i=413934 "If you can't pay for a thing, don't buy it. If you can't get paid for it, don't sell it. Do this, and you will have calm and drowsy nights, with all of the good business you have now and none of the bad. " -- Benjamin Franklin ----------------------------------------------------------------- TOP STORY ----------------------------------------------------------------- INTUIT'S DOING MORE WITH LESS Personal finance software vendor Intuit (Nasdaq: INTU) beat lowered third-quarter earnings expectations yesterday, but said full-year revenues would come in at the bottom end of earlier guidance. Intuit posted pro forma profits of $0.55 per share, beating Wall Street's expectation by two pennies. Revenues were $425.2 million, below Wall Street's estimate of $435 million. >>FULL STORY: http://www.fool.com/m.asp?i=413935 ----------------------------------------------------------------- NEWS TO GO ----------------------------------------------------------------- Novell (Nasdaq: NOVL), best known for its server operating system, announced a second-quarter pro forma loss of $0.03 per share, versus earnings of $0.02 per share in the year-ago period. Wall Street expected earnings of $0.03 per share. Revenue was $240.8 million, compared with $302.3 million in the year-ago period. Novell is also cutting 5% of its workforce. The layoffs, coupled with additional savings in travel, advertising, and recruiting, are expected to return the company to profitability. Business-to-business software vendor Agile Software (Nasdaq: AGIL) announced a fourth-quarter pro forma loss of $0.05 per share, compared with a loss of $0.02 per share in the year-ago period, and in-line with Wall Street's expectations. Revenue increased 140% year-over-year to $26 million. Agile makes software that allows companies to exchange information over the Internet. Last month, Ariba (Nasdaq: ARBA) called off its acquisition of the company. Computer Associates (NYSE: CA), the world's third-largest software company, posted pro forma pro rata income (i.e., results that are adjusted to allow the effects of a new sales model to be compared against past numbers) of $0.47 per share, compared to $0.34 per share in the year-ago period. That beat Wall Street's estimate by a penny. Pro forma pro rata revenue increased 3.6% year-over-year to $1.4 billion. Computer graphic chipmaker Nvidia (Nasdaq: NVDA) maintained its full-year guidance and reported first-quarter earnings of $0.40 per share, compared with $0.24 per share in the year-ago period. Sales came in at $240.9 million, compared with $148.5 million in the year-ago period. While other chipmakers are struggling, shares of Nvidia have grown nearly twofold since January. In the press release, CEO Jen-Hsun Huang highlighted the company's entrance into the mobile and Apple (Nasdaq: AAPL) markets. ----------------------------------------------------------------- HOT TOPICS ----------------------------------------------------------------- WELCOME! YOU'VE GOT A RATE INCREASE! As America Online hikes the rates for unlimited access, some users question whether it's time to move on to another Internet service provider. http://www.fool.com/m.asp?i=413936 QUESTIONING EBAY'S MANAGEMENT One Fool says he's a bit nervous about eBay's management since the last conference call. Does he have anything to worry about? http://www.fool.com/m.asp?i=413937 FORD TREADS ON FIRESTONE It's a relationship forged in the day of Henry Ford himself, but the tread's worn thin on this one. http://www.fool.com/m.asp?i=413938 >>MORE HOT TOPICS http://www.fool.com/m.asp?i=413939 ================================================================= SPONSORED BY: Merrill Lynch Direct Invest on your own, not alone with Merrill Lynch Direct. Access research from our award-winning analysts and invest online from $29.95 per equity trade. Enroll and get $100. http://www.lnksrv.com/m.asp?i=413940 ================================================================= My Portfolio: http://www.fool.com/m.asp?i=413941 My Discussion Boards: http://www.fool.com/m.asp?i=413942 My Fool: http://www.fool.com/m.asp?i=413943 Fool.com Home: http://www.fool.com/m.asp?i=413944 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=413945 CHOOSE THE BEST STOCKS FOR YOUR PORTFOLIO Lean how to evaluate companies in our online seminar. http://www.fool.com/m.asp?i=413946 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=413947 _________________________________________________________________ (c) 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-13884-2001-05-23_9-48-22-3530245_2_Plain_MessageAddress.msg-09:59:49(5-23-2001) X-Version: mailer-sender-master,v 1.84 X-Version: mailer-sender-daemon,v 1.84 Message-Recipient: benjamin.rogers@enron.com