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  1. 87 Posts.
    This is taken from UEL announcement;;


    What are your earnings expectations for 2003?


    Currently, we expect 2003 to be a very strong year for the business.
    The sale of Pulse, Utili-Mode and EdgeCap and the resulting
    stabilisation of the business gave us the opportunity to perform an
    in-depth review of our existing processes to ensure they're both
    efficient and providing value to the business.

    We anticipate that this review process, combined with growth in the
    core distribution business and the continued improvement in Uecomm's
    financial performance, will allow us to post very solid results in
    2003. Consistent with our prior practice, we'd anticipate providing
    more concrete earnings guidance with our 2002 year-end results
    presentation in February.
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