Short Take: Sybase estimates lowered

Hanifen Imhoff lowered its 1997 earnings estimate for Sybase from 58 cents per share to 45 cents per share, and its 1998 estimate from one dollar to 75 cents, according to a Reuters report. The firm said the lowered estimates reflected uncertainty about the market for software tools.

Paul Festa Staff Writer, CNET News.com

Paul Festa

covers browser development and Web standards.

See full bio

Paul Festa

Jan. 24, 1997 1:45 p.m. PT

lowered its 1997 earnings estimate for Sybase from 58 cents per share to 45 cents per share, and its 1998 estimate from one dollar to 75 cents, according to a Reuters report. The firm said the lowered estimates reflected uncertainty about the market for software tools.