MASTERING
THE TRADE
ORIGINAL, INTERACTIVE SEMINAR ON TRADING USING
TECHNICAL ANALYSIS 

 SEC FILINGS

ACCRUE SOFTWARE (ACRU, 56.25)- The maker of Internet enterprise software beat estimates by two cents as it reported a third quarter loss of one cent per share.  Revenues increased 30% sequentially from the second quarter to $4.6 million.  The company said it expects to report breakeven fourth quarter results, compared to analysts' expectations of a one cent loss.

AIRBORNE FREIGHT CORP (ABF, 23.56)- The provider of overnight delivery services warned that fourth quarter earnings will fall short of expectations.  The company sees earnings of $0.24-$0.29 per share, excluding a one-time gain.  Analysts were looking for $0.48.  Airborne attributed the shortfall to higher jet fuel costs and flat domestic shipments growth.

CRITICAL PATH (CPTH, 85.88)- The provider of Internet e-mail outsourcing services reported a wider than expected fourth quarter loss of 26 cents per share.  Analysts were expecting a loss of 23 cents in the quarter.  Revenues increased 67% sequentially to $8.2 million in the quarter.  The shares fell 2 points in after hours trading on the news.

INTERNET.COM CORP (INTM, 59.50)- The operator of Internet web sites beat estimates by two cents as its fourth quarter loss narrowed to two cents per share from the prior year's loss of 17 cents.  Revenues increased 383% to $7.5 million in the quarter.  The shares rose 1.50 in after hours trading on the better than expected news.

INKTOMI CORP (INKT, 100)- The maker of Internet search software reported a narrower than expected fiscal first quarter loss of two cents per share.  Analysts were looking for a loss of four cents.  revenues increased 233%, and 33% sequentially, to $36.1 million in the quarter.

ITT EDUCATIONAL SERVICES (ESI, 16.63)- The operator of technology education programs met expectations as fourth quarter earnings rose to 23 cents per share from last year's 19 cents.  Revenues increased 8.3% to $78.3 million in the quarter. 

LAM RESEARCH (LRCX, 143.06)- The semiconductor equipment maker beat estimates by 28 cents as second quarter earnings rose to 98 cents per share from last year's loss of 64 cents.  Revenues increased 103% to $288.6 million in the quarter, and new orders rose 25% sequentially from the first quarter.  The shares rose 4.38 in after hours trading on the news.

PEREGRINE SYSTEMS (PRGN, 88.19)- The maker of Internet infrastructure management software met expectations as third quarter earnings rose 33% to 16 cents per share.  Revenues rose 67% to $67.5 million in the quarter.  The company also announced a 2 for 1 stock split.

PMC-SIERRA INC (PMCS, 174.50)-  The maker of broadband semiconductors beat estimates by 2 cents as fourth quarter earnings rose 107% to 29 cents per share.  Revenues rose 77.3% to $80.6 million in the quarter.  The company also announced a 2 for 1 stock split.  The shares rose 9.75 in after hours trading on the news.

SUN MICROSYSTEMS (SUNW, 86.56)- The maker of computer servers and workstations met expectations as second quarter earnings rose 24% to 21 cents per share.  Revenues increased 27% to $3.55 billion in the quarter.  The shares fell 4.56 to 82 in after hours trading on the news.

SYBASE INC (SYBS, 18.88)- The maker of database software beat estimates by 10 cents as fourth quarter earnings rose to 31 cents per share from last year's loss of 18 cents.  Revenues increased 9.7% sequentially from the third quarter to $237.1 million.  The shares rose 4.38 in after hours trading on the news.

TELEFONOS DE MEXICO (TMX, 113.75)- The Mexican phone service provider announced a 2 for 1 stock split.

TRIDENT MICROSYSTEMS (TRID, 13)- The maker of multimedia integrated circuits earned five cents per share in its second quarter, compared to last year's loss of 14 cents.  Revenues increased 44% to $34.8 million in the quarter.

AMERICA ONLINE (AOL, 94.06)- The acquirer of Time Warner beat estimates by two cents as second quarter earnings rose to 9 cents per share from last year's 4 cents.  Total revenues increased 41% to $1.6 billion in the quarter. Advertising and commerce revenues rose 79% to $437 million in the quarter, and subscription revenues increased 36% to $1.1 billion.  The company said membership at its AOL service increased by 1.8 million in the quarter.  The shares rose 0.75 in after hours trading on the news.

AMERITRADE HOLDINGS (AMTD, 20.68)- The online broker beat estimates by 4 cents but turned unprofitable in its fiscal first quarter as it lost 9 cents per share, compared to the prior year's profit of 3 cents.  Revenues increased 112% to $110.9 million in the quarter.  Advertising expenditures soared 510% to $58.6 million in the quarter.  The average number of daily trades by its customers increased 53% sequentially to 81,000 per day.  The shares were unchanged following the news in after hours trading.

CELERITEK INC (CLTK, 24.06)- The maker of wireless components missed estimates by 35 cents as its third quarter loss widened to 42 cents per share from last year's loss of 22 cents.  Revenues increased 18% to $11.8 million in the quarter.  The company attributed the shortfall to higher labor costs, lower sales to the defense industry, and higher selling costs.  The shares fell2 in after hours trading in response to the disappointing results.

CONCUR TECHNOLOGIES (CNQR, 29.19)- The maker of b-to-b e-commerce software missed estimates by 10 cents as its fiscal first quarter loss widened to 76 cents per share from last year's loss of 48 cents.  Revenues increased 11% to $9 million in the quarter.  The shares fell 9.81 in after hours trading to 19.38. 

LEGATO SYSTEMS (LGTO, 53.63)- The maker of enterprise storage software missed estimates by 8 cents as fourth quarter earnings rose 38% to 11 cents per share.  Revenues increased 47% to $71.2 million in the quarter.  The company blamed a delay in recognizing revenues from two contracts for the lower than expected earnings. The company also restated third quarter earnings from 18 cents per share to 14 cents to reflect a reduction in revenues.  The shares tumbled 20 points to 33.63 in after hours trading on the news.

ALLIANCE SEMICONDUCTOR (ALSC, 18.75)- The producer of SRAM and DRAM memory chips beat estimates by 8 cents as third quarter earnings rose to 21 cents per share from last year's loss of 5 cents.  Revenues increased 77% to $23.5 million in the quarter.  The shares rose 1.13 in after hours trading on the news.

BOTTOMLINE TECHNOLOGIES (EPAY, 40.25)- The provider of e-billing and payment services beat estimates by 8 cents as it earned $0.01 per share, excluding charges, in its second quarter.  The company earned 14 cents in last year's second quarter.  Revenues increased 11% to $11.1 million in the quarter.

BROADCOM CORP (BRCM, 328.50)- The maker of broadband equipment beat estimates by 4 cents as fourth quarter earnings rose 343% to 31 cents per share.  Revenues increased 116% to $160.8 million in the quarter.  The company also announced a 2 for 1 stock spit.  The shares fell 10.50 to 318 in after hours trading on the news.

DOUBLECLICK INC (DCLK, 122.81)- The Internet ad agency beat estimates by a penny as it lost 3 cents per share, excluding charges, in the fourth quarter, compared to last year's loss of 4 cents.  Revenues increased 150%, and 26% sequentially, to $114.6 million in the quarter.  The shares fell 5.81 in after hours trading on the news.

HOOVERS INC (HOOV, 12.38)- The Internet financial web site owner beat estimates by 2 cents as its third quarter loss widened to 21 cents per share from last year's loss of 5 cents.  Revenues in the quarter increased 140% to $5.5 million.  Third quarter gross margins increased to 65% from the prior year's 49%.

JUNIPER NETWORKS (JNPR, 118.75)- The maker of IP infrastructure products for ISPs met expectations as it earned two cents per share in the fourth quarter, compared to last year's loss of a penny.  Revenues increased 53% to $45.4 million in the quarter.  The share fell 7.75 in after hours trading on the news.

MARIMBA INC (MRBA, 40.25)- The Internet infrastructure software maker beat estimates by a penny as its fourth quarter loss narrowed to once cent from last year's loss of 13 cents.  Revenues increased 78% to $10.1 million in the quarter.

MICROSOFT (MSFT, 115.31)- The software maker beat estimates by 5 cents as second quarter revenues increased 31%, excluding charges, to 47 cents per share.  Revenues increased 18% to $6.11 billion in the quarter.  The company said it sees "moderate revenue growth" during the final two quarters of its fiscal year.  The shares fell 2.50 in after hours trading on the company's cautious outlook.

RAMBUS INC (RMBS, 83.31)- The memory maker met expectations as fiscal first quarter earnings increased 25% to 10 cents per share.  Revenues increased 13% to $11.9 million but dipped 3% sequentially as contract revenues fell to $9.3 million from the prior quarter's $10.6 million.  The shares fell 3.31 to 80 in after hours trading on the news.

ARCADIA FINANCIAL LTD (AAC, 4.75)- The provider of consumer automobile financing services warned that it expects to report a fourth quarter loss.  Analysts were looking for the company to earn 14 cents in the quarter.

BALTIMORE TECHNOLOGIES PLC (BALT, 89.06)- The maker of Internet security systems has agreed to acquire GTE CyberTrust Solutions Inc for $150 million in an all-stock deal.

BANK OF THE SIERRA (BSSR, 9.25)- The bank reported fourth quarter earnings of 20 cents per share.  Net interest income increased 4.3% to $5.95 million in the quarter.

CAERE CORP (CAER, 7.43)- The OCR software maker has agreed to be acquired by ScanSoft Inc (SSFT, 5.38) for $11.75 per share in a cash and stock deal valued at $140 million.  Under the terms of the agreement, Caere shareholders will receive $4 in cash and $7.75 in ScanSoft stock for each Caere share held.  ScanSoft expects the deal to be accretive to earnings.

CENTURY SOUTH BANKS (CSBI, 20)- The bank holding company beat estimates by 8 cents as fourth quarter earnings increased 54.2% to 37 cents per share, excluding charges.  Net interest income increased 3.8% to $15.3 million in the quarter.

COMMERCIAL INTERTECH (TEC, 16.63)- The maker of commercial hydraulics systems has agreed to merge with Parker Hannifin Corp (PH, 49.63) in a $366 million cash and stock deal.  Under the terms of the agreement, Commercial Intertech shareholders will receive $20 in Parker Hannifin stock for each TEC share held.  Parker Hannifin expects the deal to increase its fiscal 2001 earnings by 2.5%-5%.

COMTECH TELECOMMUNICATIONS (CMTL, 15.25)- The company filed to offer 2.3 million million shares in a secondary offering.  Proceeds of the sale will be used for development of the company's mobile data business.

CORT BUSINESS SERVICES (CBZ, 17)- The furniture rental company has agreed to be acquired by Wesco Financial Corp (WSC, 270) for $28 per share in a $467 million cash and debt deal.

DELTA AND PINE LAND CO (DLP, 18.38)- The cotton seed producer and marketer reported a fiscal first quarter loss of 16 cents per share, compared to last year's loss of 15 cents.  Revenues fell to $4.55 million in the quarter from last year's $7.2 million.

FIRST BUSEY CORP (BUSE, 21.5)- The bank holding company said full year 1999 earnings rose 11% to 90 cents per share.

FIRST SOUTHERN BANCSHARES (FSTH, 12)- The bank holding company said fourth quarter earnings increased 53.8% to 20 cents per share.  Net interest income rose 15.5% to $1.6 million.

HI/FN INC (HIFN, 42.56)- The semiconductor maker said first quarter earnings increased 171% to 19 cents per share as revenues increased 64% to $10.1 million.

HOOPER HOLMES INC (HH, 22.75)- The provider of health information services filed for a secondary offering of 3 million shares.  The company currently has 29 million shares outstanding.

LOCKHEED MARTIN CORP (LMT, 20.5)- The defense contractor has won a $2.5 billion contract from Israel for the production of 50 F-16 fighter aircraft.

LSB BANCSHARES INC (LXBK, 15)- The bank holding company missed estimates by 2 cents as it earned 27 cents per share in the fourth quarter.  Net interest income rose 7% to $7.62 million in the quarter.

NORTHFIELD LABORATORIES (NFLD, 14.75)- The development stage producer of blood substitutes reported a second quarter loss of 16 cents per share, compared to last year's loss of 13 cents.

PAPA JOHN'S INT'L (PZZA, 26)- The pizza restaurant operator said December same restaurant sales rose 1.7%.  The company also said it will take a fourth quarter charge of 10 cents per share to cover the costs of a recent court ruling.

RANKIN AUTOMOTIVE GROUP (RAVE, 2.68)- The auto parts retailer's third quarter earnings increased to 5 cents per share from last year's three cents as revenues climbed 198% to $29.2 million in the quarter.

RED HAT INC (RHAT, 132.25)- The Linux software company filed for a secondary offering of 2.75 million shares, with 1.25 million of the shares being sold by existing shareholders.

SALTON INC (SFP, 30.94)- The small appliance maker has made a $2 million investment in ePods Inc and will distribute the company's portable Internet access device in North America.

7-ELEVEN INC (SVEV, 1.94)- The convenience store operator said December same store merchandise sales rose 8.6%, and total merchandise sales during the month increased 11.3% to $533 million.

SIMON TRANSPORTATION SERVICES (SIMN, 5)- The trucking company lost one cent per share in its fiscal first quarter, compared to last year's profit of one cent.  Revenues increased 2% to $53.9 million in the quarter.

TLC LASER EYE CENTERS (TLCV, 14.5)- The provider of vision correction services beat estimates by six cents as it earned 9 cents per share in its second quarter, compared to last year's profit of two cents.  Revenues increased 60% to $48.1 million in the quarter.

WHOLE FOODS MARKETS (WFMI, 45.06)- The natural foods supermarket chain has agreed to acquire grocer The Natural Abilities Inc for $25 million in an all-cash deal.