======================== THE MOTLEY FOOL ========================
                   B R E A K F A S T   N E W S
                   Thursday, September 27, 2001
benjamin.rogers@enron.com
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IN THIS ISSUE
---------------------
- TOP STORY: Reliant Resources Buying Orion Power
  http://www.fool.com/m.asp?i=505043

- NEWS TO GO: Sonus Networks and Allegiance Telecom
  http://www.fool.com/m.asp?i=505044

- POST OF THE DAY: Adventures With a Mercedes 240D
  http://www.fool.com/m.asp?i=505045

=================================================================

SPONSORED BY: ING Direct
Power Saving with ING DIRECT!
The Orange Savings Account offers 4.00% annual
percentage yield. With no fees and minimums, you have
the advantage...Apply Now...member FDIC.
http://www.lnksrv.com/m.asp?i=505046


"A fat wallet is the enemy of superior investment returns."
-- Warren Buffett

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TOP STORY
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RELIANT RESOURCES BUYING ORION POWER
Reliant Resources (NYSE: RRI) announced this morning plans to
acquire Orion Power Holdings (NYSE: ORN) for $4.7 billion in
cash and debt. For Reliant, the deal provides an opportunity to
expand its portfolio of electricity-generating plants in robust
deregulated markets, where government disruption is unlikely in
the coming months.

>>FULL STORY:
http://www.fool.com/m.asp?i=505047

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NEWS TO GO
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Network equipment maker Sonus Networks (Nasdaq: SONS) got
hammered in after-hours trading after announcing that it expects
a third-quarter pro forma net loss of $0.05 to $0.07 per share
on sales of $40 million. That's well below Wall Street's
expectations for sales and earnings of $54.4 million and $0.01
per share, respectively. Sonus will also take charges up to $466
million.

Allegiance Telecom (Nasdaq: ALGX), a competitive local-exchange
carrier, reported disappointing third-quarter results yesterday,
citing the short-term impact of the terrorist attacks on Sept.
11. The company expects revenue of $135 million, well below Wall
Street's expectation of $147.2 million. Allegiance also lowered
its 2001 revenue target 5% below its previous expectation of
$550 million, but maintained full-year earnings guidance.

Guitar Center (Nasdaq: GTRC) was playing the warning blues
yesterday when the music retailer announced that its
third-quarter sales and earnings would fall short of Wall
Street's expectations. Guitar Center expects sales between $219
million and $222 million, with earnings of $0.04 to $0.06 per
share, versus Wall Street's current expectation of $0.16 per
share. The company attributed its disappointing results to the
terrorist attacks, which hurt sales.

Enterasys Networks (NYSE: ETS), which makes network equipment
such as routers and switches, reported second-quarter pro forma
earnings of $23.1 million, or $0.11 per share, compared with
earnings of $10.2 million, or $0.05 per share, in the year-ago
quarter. Wall Street's consensus expectation called for earnings
of $0.10 per share. Revenue increased roughly 26% to $240
million compared to $190.7 million in the same period last year.

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POST OF THE DAY
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ADVENTURES WITH A MERCEDES 240D
"One thing about the Mercedes is that feeling of elegance. Just
riding around behind that hood ornament is a big boost for one's
ego. It gives me delusions of adequacy...But there is a price
for the elegance, reliability, and convenience."

>>FULL POST:
http://www.fool.com/m.asp?i=505048

=================================================================

SPONSORED BY: ING Direct
Power Saving with ING DIRECT!
The Orange Savings Account offers 4.00% annual
percentage yield. With no fees and minimums, you have
the advantage...Apply Now...member FDIC.
http://www.lnksrv.com/m.asp?i=505049

=================================================================

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