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Bloomberg News

* Royal Caribbean Cruises Ltd., the No. 2 cruise line, warned it would have lower profit for 2000, as increased competition spurred by more ships pushed prices lower. The company expects to meet analyst estimates of 55 cents for its fiscal second quarter when it reports next month. The warning came a day after No. 1 Carnival Corp. reported virtually flat earnings for the second quarter. Royal Caribbean shares fell 63 cents to close at $17.94 on the NYSE.

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