* BroadVision Inc., a Redwood City maker of software used for buying and selling goods online, said first-quarter sales lagged estimates and it will fire about 325 workers, or 15% of its employees. BroadVision expects a loss before one-time expenses of 14 cents a share to 16 cents on sales of $85 million to $90 million, Chief Executive Pehong Chen said. The company was expected to earn 2 cents a share on sales of $134 million, the average estimate of analysts polled by First Call/Thomson Financial. BroadVision, whose products let companies tailor Web sites for individual users, said it completed fewer-than-expected contracts worth more than $1 million because of the U.S. economic slowdown. BroadVision shares lost 16%, or 84 cents, to $4.50.
* Tekelec, a Calabasas telecommunications equipment maker, said a recent bankruptcy filing by a customer prompted it to revise its fourth-quarter results, but added that the changes will not affect its 2001 outlook. Tekelec said its revised fourth-quarter results reflect the recent Chapter 11 bankruptcy filing by E.spire Communications Inc. As a result, Tekelec decided to exclude $1.8 million in fourth-quarter revenue attributable to E.spire from Tekelec's 2000 financials. Tekelec said it also has recorded a fourth-quarter charge of $2.3 million. The adjustment reduces Tekelec's total revenue for the fourth quarter by $1.8 million to $96.4 million. Tekelec shares slipped 4%, or 69 cents, to $17 on Nasdaq.31.