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Technology Stocks : GTS DURATEK INC (DRTK ) -- Ignore unavailable to you. Want to Upgrade?

To: JAL who wrote (41)8/3/1998 1:53:00 PM
From: jeffrey rainey  Read Replies (1) | Respond to of 49
 
Radioactive waste management company GTS Duratek (Nasdaq: DRTK)
plummeted $2 13/16 to $6 15/16 after warning that it expects a Q2 loss
of around $0.06 a share, short of analysts' mean estimate of a profit of
$0.12. The shortfall is due to the company's decision to postpone a
radioactive metal melt campaign until Q3; one-time costs associated with
a new nuclear plant and restructuring its Oak Ridge, Tenn., operations;
and higher-than-expected costs for proposals to decommission two nuclear
plants.


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