MASTERING
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TECHNICAL ANALYSIS 

 SEC FILINGS

ANALOG DEVICES INC (ADI, 48.40)- The maker of integrated circuits met expectations as its second quarter earnings slipped a penny to 31 cents per share.  Revenues in the quarter increased 3.5%, but fell 22% sequentially, to $601 million.  Analysts were looking for revenues of $633 million.  The company warned that it expects third quarter results to fall short of expectations.  The company now sees revenues of $540 million and earnings of $0.23-$0.25 per share, compared to analysts' expectations of earnings of 28 cents and revenues of $576 million.

DELL COMPUTER CORP (DELL, 25.88)- The PC maker met expectations as its first quarter earnings fell to 17 cents per share from last year's 19 cents.  Revenues in the quarter increased 10.3% to $8 billion, and global unit shipments rose 27%.  The company warned that it sees second quarter revenues of $7.6-$7.76 billion, below analysts' estimates of $8.1 billion.

PALM INC (PALM, 7.05)- The handheld computer maker warned that its fourth quarter results will fall significantly short of expectations due to slowing economic conditions and shipment delays of a new product.  The company now sees revenues of $140-$160 million, compared to analysts' estimates of $307 million.  The company now sees a loss of $170-$190 million in the quarter, compared to previous estimates of a loss of  $80-$85 million.

PORTAL SOFTWARE INC (PRSF, 5.90)- The maker of Internet infrastructure software missed estimates by two cents as it reported a first quarter loss of 18 cents per share, compared to last year's profit of two cents.  Revenues in the quarter fell 11.9% to $44.6 million.

ANN TAYLOR STORES CORP (ANN, 36.40)- The women's apparel retailer beat estimates by three cents as its first quarter earnings fell 32.7% to 37 cents per share.  Revenues in the quarter rose 10.8% to $307 million, but same store sales fell 3.5%. Gross margins fell to 52% from last year's 53.6%. The company said it sees full year earnings of $2.24-$2.28 per share, above analysts' estimates of $2.07.

ASHFORD.COM INC (ASFD, 0.44)- The online luxury goods retailer missed estimates by two cents as its fourth quarter loss narrowed to 20 cents per share, excluding charges, from last year's loss of 28 cents.  The company's March 31st cash position fell to $7 million from $12.9 million on December 31st.

CORRPRO COMPANIES (CO, 2.25)- The provider of corrosion protection engineering services said its fourth quarter loss, excluding charges, widened to 53 cents per share from last year's loss of 28 cents.  Revenues in the quarter rose 3.5% to $38.5 million.

FLOWERS FOODS INC (FLO, 29.50)- The maker of packaged bakery foods reported a first quarter loss of $1.04 per share, compared to last year's profit of 83 cents.  Revenues in the quarter rose 3.8% to $467.2 million.

HEWLETT-PACKARD CO (HWP, 26.74)- The computer maker beat lowered expectations by a penny as its second quarter earnings tumbled to 18 cents per share from last year's 43 cents.  Revenues in the quarter declined 3.5% to $11.6 billion, below analysts' estimates of $11.8 billion.  The company warned that it expects third quarter revenues to be flat to down 5% sequentially.

LANTRONIX INC (LTRX, 8.65)- The maker of network device servers said it will not proceed with its planned acquisition of Lightwave Communications.  The company also warned that its fourth quarter results will fall short of expectations.  The company now sees earnings of $0.035-$0.04, compared to analysts' estimates of $0.05.  The company sees fiscal 2002 earnings of $0.25-$0.27, compared to analysts' estimates of 29 cents.

METRO ONE TELECOMMUNICATIONS (MTON, 46.35)- The provider of enhanced telecom services announced a 3 for 2 stock split.

SHOE CARNIVAL INC (SCVL, 10.58)- The shoe store operator beat estimates by four cents as its first quarter earnings rose 34.6% to 35 cents per share.  Revenues in the quarter increased 22.8% to $117.2 million, and same store sales rose 2.3%.

THE BUCKLE INC (BKE, 18.07)- The casual apparel retailer missed estimates by three cents as its first quarter earnings slipped a penny to 20 cents per share.  Revenues in the quarter fell 2.6% to $76.4 million, and same store sales dropped 8.7%.

THE DRESS BARN INC (DBRN, 28.85)- The women's apparel retailer met expectations as its third quarter earnings fell 25% to 33 cents per share.  Revenues in the quarter rose 1% to $165.1 million, but same store sales fell 6%.  The company attributed the earnings decline to "unseasonable weather".

24/7 MEDIA INC (TFSM, 0.36)- The Internet advertising network missed estimates by three cents as its first quarter loss widened to 58 cents per share, excluding charges, from last year's loss of 45 cents.  Including charges, the company lost $78.7 million, or $1.84 per share.  Revenues in the quarter tumbled to $25.3 million from last year's $46.2 million.

APPLIED MATERIALS (AMAT, 49.66)- The chip equipment maker missed estimates by a penny as its second quarter earnings fell 39.6% to 32 cents per share.  Revenues in the quarter declined 13%, and 30% sequentially, to $1.91 billion, in line with expectations.  New orders slid 54%, and 44% sequentially, to $1.35 billion.  The company's backlog fell to $3.05 billion from the first quarter's $3.9 billion.  Gross margins fell to 44.8% from last year's 50.1%.  The company warned that its third quarter results will be significantly below expectations.  The company now sees revenues of $1.2-$1.3 billion and expects to report breakeven earnings, compared to analysts' estimates of earnings of 23 cents per share and revenues of $1.5 billion.  The shares are down 0.36 in pre-open trading on the news.

BEA SYSTEMS (BEAS, 34.04)- The maker of e-business infrastructure software met expectations as its first quarter earnings rose 160%, but fell 20% sequentially, to eight cents per share.  Revenues in the quarter jumped 67% to $257 million, slightly below analysts' estimates of $259 million.  The shares are up 0.96 in pre-open trading on the news.

BRADY CORPORATION (BRC, 29.35)- The maker of labels and signs missed estimates by five cents as its third quarter earnings fell 13.4% to 44 cents per share.  Third quarter revenues declined 5.7% to $134.3 million.  The company warned that it sees full year earnings of $1.60-$1.75 per share, compared to analysts' estimates of $1.89.

FEDERATED DEPARTMENT STORES (FD, 44.09)- The department store operator beat estimates by six cents as its first quarter earnings rose by a penny to 42 cents per share, excluding charges.  Revenues in the quarter fell 5.2% to $3.82 billion, and same store sales declined 1.5%.

ROANOKE ELECTRIC STEEL (RESC, 15.51)- The steelmaker said its first quarter earnings fell to eight cents per share from last year's 44 cents.  Revenues in the quarter declined 20.1% to $152.7 million.  The company attributed the earnings decline to foreign competition, lower selling prices, and weaker economic conditions.

SPRINT FON GROUP (FON, 21.58)- The telecom warned that its second quarter and full year results will fall short of expectations due to weakness in its Global Markets business.  The company now sees second quarter earnings of $0.28-$0.30, and full year earnings of $1.13-$1.18 per share.  Analysts were looking for 32 cents and $1.29, respectively.  The shares are down 1.08 in pre-open trading on the news.

SYCAMORE NETWORKS (SCMR, 9.38)- The maker of optical networking products missed estimates by a penny as it reported a third quarter loss of 19 cents, excluding charges, compared to last year's profit of two cents.  Revenues in the quarter fell 8.2% to $54.2 million.  The shares are down 1.03 in pre-open trading on the news.

ADAPTIVE BROADBAND CORP (ADAPE, 0.85)- The provider of broadband wireless products said it will delay filing its first quarter results, and expects an accounting review to lower its fiscal 2000 revenues to $23 million from the reported $28 million.  The company also warned that first quarter revenues will be half of previous estimates due to "industry softness".  The company now sees revenues of $1 million, compared to analysts' estimates.  Trading in the stock was suspended by NASDAQ on Monday pending additional information.

ALLIANCE PHARMACEUTICAL CORP (ALLP, 4.42)- The diagnostic products developer missed estimates by two cents as its third quarter loss narrowed to 35 cents per share from last year's 46 cents.

BALTIMORE TECHNOLOGIES PLC (BALT, 2.57)- The maker of Internet security products missed estimates by 12 cents as its first quarter loss narrowed to 21 cents per share from last year's loss of 28 cents.  Revenues in the quarter rose 150%, but fell 17% sequentially, to $33.7 million.  Gross margins slipped to 61% from last year's 67%.  The company said it will cut 250 jobs, or 17.8% of its workforce as part of a cost cutting program designed to save $43-$50 million annually.

CUBIC CORP (CUB, 31.00)- The maker of automated fare collection systems and battlefield training simulators said its second quarter earnings rose 9.8% to 56 cents per share.  Revenues in the quarter fell 15.3% to $122.8 million.

HEALTHCENTRAL.COM (HCEN, 0.27)- The Internet provider of healthcare content beat estimates by three cents as its first quarter loss narrowed to 10 cents per share.  Revenues in the quarter rose 22% to $12.8 million.

INTERTAPE POLYMER GROUP INC (ITP, 11.50)- The maker of packaging products missed estimates by six cents as its first quarter earnings fell to 17 cents per share from last year's 23 cents.  Revenues in the quarter declined 6.2% to $10.5 million.  The company attributed the earnings shortfall to economic weakness.  The company said it cut 10% of its workforce during the quarter.

MERCER INTERNATIONAL INC (MERCS, 7.91)- The European pulp and paper maker said its first quarter earnings rose to 27 cents per share from last year's six cents.  Revenues in the quarter inched up 0.4% to $56 million.

OMEGA HEALTHCARE INVESTORS (OHI, 1.55)- The long-term health care facility REIT missed estimates by four cents as its first quarter Funds from Operations fell to 19 cents per share from last year's 55 cents.  Revenues in the quarter rose 21% to $69.2 million.

SILICON VALLEY GROUP INC (SVGI, 31.70)- The chip equipment maker said it will cut 400 jobs, or 10% of its workforce.  The company also warned that it expects third quarter revenues to decline 30%-40% sequentially to $125-$146 million, below previous guidance of a 15%-25% drop.

ZAPATA CORP (ZAP, 19.90)- The maker of marine protein and food packaging products said its first quarter loss narrowed to 48 cents per share from last year's loss of $1.12.  Revenues in the quarter slipped to $19 million from last year's $19.4 million.

AAMES FINANCIAL CORP (AAM, 1.85)- The subprime home equity lender said its third quarter loss narrowed to $5.88 per share from last year's loss of $10.25.  Revenues in the quarter, excluding writedowns, rose to $52.3 million from last year's $45.3 million.

CARRIER1 INTERNATIONAL SA (CONE, 1.46)- The European provider of broadband services and operator of Internet data centers said its first quarter loss narrowed to $1.06 per share from last year's $1.21.  Revenues in the quarter rose 75% to $89.1 million.  The company said it sees full year revenues of $390-$400 million.

PARLEX CORPORATION (PRLX, 10.95)- The maker of flexible circuits missed estimates by 18 cents as it reported a third quarter loss of 25 cents per share, compared to last year's profit of 35 cents.  Revenues in the quarter fell to $24.9 million from last year's $25.3 million.

ZAPWORLD.COM (ZAPP, 1.71)- The maker of electric scooters said its first quarter loss widened to 22 cents per share from last year's loss of nine cents.  Revenues in the quarter rose 6.1% to $2 million.