Dump Lexar?

Flash memory maker Lexar Media's (Nasdaq: LEXR)
revenue is expected to rise by around 45% from last year's fourth
quarter and well above company guidance given in mid-October. That's
the type of growth you'd expect in the fast-growing flash memory
market. So why did the company watch its stock tumble by 34.7% on
Wednesday after announcing its preliminary fourth-quarter results?


The stock deflated on news of the net loss of $0.44 to $0.48 the
company expects -- a giant drop from the $0.21-a-share profit in last
year's fourth quarter. Even worse, the results show that the company
will miss the $0.01-to-$0.04 profit it guided investors to expect in mid-October.



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