Preannounce Quotes

While we generally don't preannounce our quarterly results, given yesterday's market volatility and given the fact that our Miami corporate office was closed and management was inaccessible because of Hurricane Rita, we felt it prudent to preannounce our third quarter results. - Stuart Miller

We still are going to suffer. We are well on our way to a record quarter in terms of negative preannouncements. - Chuck Hill

We continue to believe that most of the communications [chip] companies will either have to preannounce disappointing results, or lower expectations during the June quarter reporting season. - Mark Lipacis

We believe that industry sales have been quite weak since Take-Two's late October negative preannouncement, primarily due to consumer malaise and a shortage of Xbox 360 hardware... Given weak November NPD sales and Electronic Arts' and Activision's recent earnings warnings, we believe that Take-Two likely experienced weak sales during the holiday period, as consumers continue to shun current generation games while waiting for next generation consoles. - Michael Pachter

We believe investors need to wait to buy the stock until the market better understands if and when Intel's aggressive pricing strategy, which we believe in part caused this preannouncement, begins to have a negative impact on AMD's fundamentals. - James Covello

We believe Dell will preannounce a miss for the January quarter, most likely within the next two weeks. We also think the company will use the opportunity to lower next year's sales growth outlook from 20 percent to 15-20 percent. - Steve Fortuna

This preannouncement was not a total surprise. We had already lowered our numbers twice over the past 2 weeks. - Mike Wallace

The market is plagued by warnings. There have been over 500 negative preannouncements in the last four to five weeks. - Larry Wachtel

Overall, the preannouncement environment is still positive but if this round of warnings continues, that's a red flag. - John Butters

Our downgrade is based on the company's preannouncement for contract revenue of $1.25 bilion-$1.3 billion. Our estimate was $1.65 billion. - Chuck Phillips