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STOCKS TO WATCH: Efficient Networks, JDA Software, Turnstone and Visual Data

Expect the following technology stocks to be among Wednesday’s most actively traded issues: Efficient Networks, JDA Software, Turnstone Systems and Visual Data.

  • Efficient Networks (Nasdaq: EFNT)

    It’s going to be a long day for Efficient Networks Wednesday after the broadband access provider warned that its second-quarter sales will miss analysts’ estimates.

    Company officials said two major customers failed to place anticipated orders in the quarter, meaning it will post sales of between $100 million to $102 million in the quarter.

    The company did not provide any guidance regarding second-quarter profits.

    First Call Corp. consensus expects Efficient Networks to earn 12 cents a share in the quarter.

    In the year-ago quarter, it recorded sales of $26.4 million.

    Last quarter, Efficient Networks pocketed $6.1 million, or 10 cents a share, on sales of $127.2 million.

    The stock closed off $1.94 to $12.31 ahead of the warning before falling more than $4 a share in after-hours trading.

  • JDA Software (Nasdaq: JDAS)

    JDA Software started 2001 with some bad news for its investors Tuesday, warning that its fourth-quarter sales and earnings will fall well short of analysts’ estimates.

    The operations management software developer said delays of certain software licenses to future quarters will result in sales of only $43 million with licensing sales accounting for $14 million.

    It expects to post a profit of between 7 cents to 9 cents a share in the quarter, well below the current First Call Corp. consensus estimate of 16 cents a share.

    The stock closed off 50 cents to $12.56 ahead of the warning.

    Last quarter, it posted a profit of $1.9 million, or 8 cents a share, excluding charges, on sales of $43.5 million.

  • Turnstone Systems (Nasdaq: TSTN)

    Turnstone is in for some rough trading Wednesday after it warned that its fourth-quarter results will fall short of estimates due to continuing market weakness.

    Turnstone said it expects to report a fourth-quarter operating loss of $12 million to $14 million on revenues of $26 million to $28 million. The company also said it will take $13 million to 15.5 million in special charges to increase its inventory and bad debt reserves.

    Excluding the special charges, Turnstone said it expects an operating profit of $2.0 to $3.0 million for the quarter.

    Analysts were expecting a profit of 8 cents a share in the quarter.

    The company said demand from its competitive local exchange carrier customer base has continued to deteriorate and its outlook for the next several quarters remains cautious.

    The stock closed off 88 cents to $6.56 ahead of the warning.

  • Visual Data (Nasdaq: VDAT)

    Visual Data might slump Wednesday after it posted a wider-than-expected loss in its fourth quarter, dropping $3.4 million, or 40 cents a share, on sales of $1.16 million.

    First Call Corp. consensus expected the creator of original broadband content for the Internet to lose 38 cents a share in the quarter.

    Its shares closed up 3 cents to $1.13 ahead of the earnings report.

    For the fiscal year, it posted a loss of $11.4 million, or $1.35 a share, on sales of $5.87 million compared to a loss of $7.16 million, or $1.20 a share, on sales of $4.46 million.