Cysive Sheds 10.7% After Predicting Loss - TheStreet

Cysive

(CYSV)

, maker of e-business systems, was down 10.7% in late morning after touching a 52-week low of $4.13. The company said it is lowering revenue expectations for the fourth quarter and expects a loss of 10 to 12 cents per share for the period before charges connected with a restructuring it will launch. Cysive said it will eliminate 40 to 50 nonengineering jobs.