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* Water Pik Technologies Inc. of Newport Beach said 2002 sales and profit would be lower than it expected, as retail customers pare inventory. Sales won’t exceed $281.9 million, the amount of revenue the company had in 2001, and earnings per share will be less than the 90 cents to 95 cents the company predicted.

* David Murdock, chief executive of Westlake Village-based Dole Food Co., extended for two weeks his $2.5-billion bid to buy the company.

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