STOCKS TO WATCH: Eloquent, Jabil, NaviSite and TheStreet.com

Eloquent shares figure to slide Wednesday after the multimedia software and services firm said its third-quarter sales will fall below analysts' estimates.

Company officials blamed a shift to new products and an extended sales cycle for the shortfall.

Eloquent now expects sales to fall between $3.3 million and $3.8 million, lower than analysts expected.

First Call Corp. consensus predicts it will lose 25 cents a share in the quarter.

The stock closed flat at $4 ahead of the warning.

Jabil Circuit should move higher Wednesday after it met analysts' estimates in its fourth quarter, earning $47 million, or 24 cents a share, on sales of $1.1 billion.

First Call Corp. consensus predicted the contract electronics firm would earn 24 cents a share in the quarter.

Its shares closed up $2 to $61 ahead of the earnings report.

The $1.1 billion in sales marks a 77 percent improvement from the year-ago quarter when it pocketed $27.2 million, or 14 cents a share, on sales of $602.3 million.

Company officials also said it expects 50 percent sales growth in fiscal 2001 as well as a 50 percent jump in operating income.

"The overall business fundamentals are robust," said CEO Tim Main in a prepared release. "We are well positioned to capitalize on growth opportunities with a comprehensive set of services, a strong global footprint and great employees around the world."

NaviSite posted a smaller-than-expected loss in its fourth quarter Tuesday, losing $19.5 million, or 34 cents a share, on sales of $20.5 million.

First Call Corp. consensus pegged it for a loss of 39 cents a share in the quarter.

Its shares closed up 6 cents to $38.88 ahead of the earnings report.

The $20.5 million in sales represents a 455 percent improvement from the year-ago quarter when it lost $8.9 million on sales of $3.7 million.

The online financial news provider will be active after warning that its third-quarter sales will fall short of analysts' estimates.

However, company officials said it will still post a loss in line with current analyst estimates.

Its shares closed up 9 cents to $6.13 ahead of the warning.

Company officials said the online financial news site will still become cash flow positive by the second half of 2001 and that it still holds more than $88 million in cash reserves.

A survey of analysts by First Call Corp. predict TheStreet.com will lose 37 cents a share in its third quarter and $1.68 a share in the fiscal year.

Last quarter, it topped analysts' estimates when it posted a loss of $13.1 million, or 52 cents a share, on sales of $7 million.