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Carrier Access Drops 33% on Earnings Warning


Carrier Access (CACS) was down 33.3% in preopen Island trading. Late Friday, the telecommunications equipment company warned that it would post a fourth-quarter earnings loss of 2 to 4 cents per share.


First Call/Thomson Financial

consensus had projected earnings of 16 cents a share. The company said two major customers cut equipment orders at the last minute.

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