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Informix Drops on Warning

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Informix

(IFMX)

fell 17.5% in preopen

Island

TheStreet Recommends

trading after saying it would post a third-quarter loss of 5 to 8 cents per share. The

First Call/Thomson Financial

estimate called for a 2-cent profit. The database software maker also said it would post break-even results in the fourth quarter and a 5-cent profit in the first quarter. Analysts had been expecting a 6-cent profit in the fourth quarter and a 5-cent profit in the first quarter.