E-business software company



was down 19.3% in preopen


trading after warning Wednesday it expects earnings of 13 cents to 17 cents a share for the third quarter, excluding items. Analysts polled by

First Call/Thomson Financial

called for 21 cents. The firm earned 11 cents in the year-ago period. The news caused the postponement of shareholder meetings regarding the proposed merger with



. Shares of WebTrends were down 15.7%.