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

 SEC FILINGS

99 CENTS ONLY STORES (NDN, 38.38)- The discount retailer said first quarter sales rose 33.1% to $100.8 million.  Same store sales rose 2.7%.

ALCATEL (ALA, 41.75)- The telecom equipment maker said it expects to beat first quarter estimates.  The company now sees revenues rising 30%, and expects to report earnings of $0.20 per ADS.  Analysts were looking for the company to earn 10 cents.

AUTOBYTEL.COM (ABTL, 7.63)- The online automotive web site said first quarter revenues and earnings will exceed current analysts' expectations.  The company now sees revenues of $14.5-$15 million in the quarter.  Analysts were looking for $13.4 million.  The company now sees a loss of ($0.43)-($0.45) per share in the quarter, compared to analysts' expectations of a loss of 48 cents.  The shares rose 2 in after hours trading on the news.

COGNOS INC (COGN, 65.63)- The maker of business intelligence software beat estimates by five cents as fourth quarter earnings rose 20.5% to 47 cents per share.  Revenues climbed 36% to $118.1 million in the quarter.  Separately, the company announced a 2 for 1 stock split.  The shares jumped 13.37 in after hours trading on the news. 

DIME COMMUNITY BANCSHARES (DCOM, 16.13)- The bank holding company said it expects to report third quarter earnings of 49 cents per share.  Analysts were looking for 45 cents.

GIBBS CONSTRUCTION (GBSE, 0.91)- The construction company reported a full year 1999 loss of $2.33 per share, compared to last year's profit of 12 cents.  The company also said it plans to file for Chapter 11 bankruptcy protection.  Trading in the stock has been halted since March 16th when NASDAQ requested "additional information" from the company.

INTEGRATED ELECTRICAL SERVICES (IEE, 5.50)- The electrical  contractor warned that second quarter earnings will fall short of expectations.  The company now sees revenues of $330-$340 million, and earnings of $0.17-$0.20 per share in the quarter.  Analysts were looking for the company to earn 24 cents.

LIVEPERSON INC (LPSN, -)- The provider of Internet customer service products lowered the expected offering price of its planned IPO to $10 per share from the previous range of $13-$15.  The company also said that its present cash, planned proceeds from its IPO, and any operating cash flow would only satisfy its liquidity needs for the next 15 months, rather than the 18 months originally stated. 

MAPICS INC (MAPX, 13.50)- The enterprise software maker warned that second quarter revenues and earnings will fall short of expectations.  The company now sees revenues of $33-$35 million, and earnings below the $0.09 per share recorded in last year's second quarter.  Analysts were looking for the company to earn 15 cents in the quarter. The company attributed the shortfall to lower than expected orders in the wake of Y2K. The shares fell 2.50 in after hours trading on the news.

MIDWAY GAMES (MWY, 14.25)- The maker of interactive entertainment software warned that third and fourth quarter earnings and revenues will fall short of expectations.  The company now sees a third quarter loss of ($0.23)-($0.27) and expects its fourth quarter results to also be in the red.  Analysts were looking for the company to earn 24 cents in the third quarter and 19 cents in the fourth quarter.  The company attributed the shortfall to slow sales of video games and downward pricing pressure.

ODWALLA INC (ODWA, 6.50)- The juice maker beat estimates by two cents as its second quarter loss narrowed to five cents per share from last year's loss of 16 cents.  Revenues increased to $18.1 million from last year's $16.3 million.

RADICA GAMES (RADA, 6.50)- The maker of handheld games and videogame controllers warned that first quarter earnings will fall short of expectations.  The company now sees a loss of ($0.09)-($0.12) per share in the quarter, compared to analysts' expectations of a breakeven quarter.  The company attributed the shortfall to a 17% drop in handheld games sales.

AMERICAN EAGLE OUTFITTERS (AEOS, 31.81)- The apparel retailer said March same store sales fell 0.3%, compared to last year's gain of 33.3%.  Total sales rose 15.7% to $73.9 million.  The company attributed the drop in same store sales growth to a later Easter shopping season this year.

AUREAL INC (AURL, 2)- The digital audio card maker, which last month announced the resignation of all of its executive officers, filed for Chapter 11 bankruptcy protection.

BOMBAY CO (BBA, 3.19)- The home furnishings retailer said March same store sales rose 10%.  Total sales increased 15% to $33.9 million.

DOLLAR TREE STORES (DLTR, 51)- The discount retailer has agreed to acquire the $155 million in revenues discount retailer Dollar Express Inc in exchange for 6 million shares of its stock in a $306 million all-stock deal.  The company expects the deal to be accretive to this year's earnings.  Separately, the company said same store sales rose 4.6% in the March quarter, and total sales increased 28.4% to $291.6 million.

E-CRUITER.COM INC (ECRU, 5.75)- The provider of Internet based recruiting services said its third quarter loss widened to 26 cents per share from last year's loss of 14 cents.  Revenues rose 53% to $442,000 in the quarter.

EMERITUS ASSISTED LIVING (ESC, 4.13)- The developer of senior assisted living communities announced the resignation of its CFO.  The company said it is "conducting an extensive national search" for a replacement.

GAP INC (GPS, 49.50)- The apparel retailer said March total sales rose 8% to $1.07 billion.  The company said same store sales tumbled 11%, with sales at its Gap stores falling in the "mid-teens", and Old Navy falling in the "low-teens".  The company attributed the drop to a later Easter shopping season.  The shares fell 6.13 from their NY close in late composite trading to 43.38.  

HARBINGER CORP (HRBC, 24.13)- The maker of B2B e-commerce software has agreed to be acquired by infrastructure management software maker Peregrine Systems Inc (PRGN, 58) in a $2.1 billion all-stock deal.  Under the terms of the deal, Harbinger shareholders will receive 0.75 shares of PRGN for each HRBC share held.  In after hours trading, Peregrine shares tumbled 12 and Harbinger shares soared 7.88 on the news.
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HOT TOPIC INC (HOTT, 33.88)- The teen orientated specialty apparel retailer said March same store sales jumped 19.6%.  Total sales rose 51% to $17.39 million in the month.  The shares rose 1.63 in after hours trading on the news.

RANGER OIL LTD (RGO, 4.94)- The Canadian oil explorer said that it will explore strategic alternatives to enhance shareholder value, including a possible sale or merger.

SALON.COM INC (SALN, 4.06)- The Internet website operator warned that fourth quarter earnings will fall short of expectations.  The company now sees a fourth quarter loss of $0.35-$0.42, compared to analysts' expectations of a loss of 33 cents. The company attributed the shortfall to lower than expected revenues.  The shares fell 0.56 in after hours trading on the news.

SAWTEK INC (SAWS, 46.19)- The maker of wireless components said it expects its second quarter earnings to beat the consensus analyst estimate of 24 cents per share by five cents.  The company said it sees revenues rising 60% to $37.6 million in the quarter.  The shares rose 6.06 in after hours trading on the news.

SPACELABS MEDICAL (SLMD, 15.86)- The provider of healthcare information systems warned that first quarter earnings will fall short of expectations due to lower than expected revenues and increased spending on its lifeclinic.com Internet venture.  The company now sees a loss of $0.25-$0.35 per share in the quarter.  Analysts were looking for the company to earn 15 cents in the quarter.

TITAN CORP (TTN, 46.38)- The information technology company will join the S&P 400 MidCap Index after the close of trading on Friday.

XEIKON NV (XEIK, 17.63)- The maker of digital color printing presses warned that first quarter earnings will fall short of expectations due to slowing sales.  The company now sees a loss in the quarter.  Analysts were looking for a profit of four cents.

AAMES FINANCIAL CORP (AAM, 0.63)- The subprime home equity lender announced a one for five reverse stock split.

ADVANCED MICRO DEVICES (AMD, 61.13)- The chipmaker said it expects first quarter revenues to increase 10% sequentially.  The company expects its revenues to exceed $1.06 billion.

CAREY INTERNATIONAL (CARY, 17.06)- The provided of chauffeured sedan and minibus services missed estimates by 12 cents as first quarter earnings fell to 10 cents per share from last year's 17 cents.  Revenues rose 34.1% to $48.9 million.  The company attributed the shortfall to capacity constraints and margin pressures.  The company also said it has hired an investment bank to explore strategic alternatives to enhance shareholder value.

KRISPY KREME (KREM, 21)-  The doughnut seller priced 3 million shares at $21 per share.  The estimated pricing range for the offering was $18-$20.  The shares begin trading on NASDAQ today.

METLIFE INC (MET, 14.25)- The life insurer priced 202 million shares at $14.25 per share.  The shares begin trading on the NYSE today.

MICROCHIP TECHNOLOGY (MCHP, 57.94)- The maker of semiconductors for embedded control applications expects fourth quarter earnings to beat the current consensus estimate of 34 cents by three cents per share.  The company sees revenues rising 36% to at least $140 million.

PAR TECHNOLOGY (PTC, 4.56)- The provider of systems integrations services to the restaurant industry warned that it will report a first quarter loss of $0.52-$0.56 per share.  The company expects its revenues to be below those reported in last year's first quarter.  The company said it expects to turn a profit in the second half of the year.

PRICESMART INC (PSMT, 37.50)- The warehouse merchandiser reported a second quarter profit of four cents per share, compared to last year's loss of nine cents per share.  Revenues rose 237% to $80.1 million in the quarter.

UROLOGIX INC (ULGX, 6.38)- The maker of products used to treat enlarged prostate disease said it expects its third quarter revenues to rise 77% to $2.3 million.

AMCOL INTERNATIONAL (ACO, 16.19)- The specialty chemicals maker warned that first quarter earnings will be flat with last year's 21 cents per share.  Analysts were looking for the company to earn 32 cents.  The company attributed the shortfall to higher raw materials costs and lower than expected revenues caused by a "Y2K inventory build-up".

BINDVIEW CORP (BVEW, 25.56)- The provider of risk management software warned that first quarter earnings will fall short of expectations due to soft international sales.  The company now sees a loss of two to four cents per share, compared to analysts' expectations of a breakeven quarter.

CHECKERS DRIVE IN RESTAURANTS (CHKR, 2.15)- The hamburger restaurant operator said its fourth quarter loss narrowed to 43 cents per share from last year's 79 cents.  Revenues rose to $89.7 million from last year's $43.5 million.

INTASYS CORP (INTA, 6.13)- The Internet incubator said its full year 1999 loss widened to 50 cents per share from the prior year's loss of 33 cents.  Revenues increased to $5 million from $4.2 million.

MICROSOFT CORP (MSFT, 90.88)- A Federal judge ruled that the software maker violated the Sherman Anti-Trust Act.  The company plans to appeal the decision.  The ruling opens the door for consumers to file suit against the company.  The shares rose 1.50 in after hours trading following the ruling.

NPC INTERNATIONAL (NPCI, 8)- The Pizza Hut franchisee said it expects to beat analysts' expectations of a fourth quarter profit of 25 cents per share.  The company now sees earnings of $0.28-$0.29 in the quarter.  The company attributed its improved outlook to above forecast same restaurant sales growth.  Same restaurant sales rose 0.23% in the quarter, compared to expectations of a drop of 2%-4%.

QUAD SYSTEMS (QSYS, 2.88)- The maker of stencil printers warned that second quarter earnings will fall short of expectations.  The company now sees a loss of $0.48-$0.52 in the quarter.  Analysts were looking for a loss of 41 cents.

SYMIX SYSTEMS (SYMX, 17.50)- The Internet software maker warned that it will post a third quarter loss of $0.15-$0.17 per share.  Analysts were looking for a profit of 10 cents,

ALLIED PRODUCTS CORP (ADP, 3)- The maker of metal forming presses released preliminary results showing a full year 1999 loss of $2.27 per share, compared to last year's loss of $1.19.  The company said it expects year 2000 revenues to drop "significantly", and expects to post a loss from continuing operations for the year.  Analysts were looking for the company to earn 54 cents.

BRITISH TELECOM (BTY, 188.13)- Spain's Telefonica (TEF, 74.38) is reportedly considering making a hostile bid for the British phone company, according to the Sunday Express.
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CHASE MANHATTAN (CMB, 87.19)- The banking group has reportedly made a $1.6 billion bid for Dresdner Kleinwort Benson, according to the Independent newspaper.

DEXTER CORP (DEX, 53)- The specialty materials maker said several parties have indicated their interest in acquiring the entire company, or individual units.  The company's CEO said a deal could be finalized within "the next few weeks or so".

EPICEDGE INC (EDG, 22.75)- The provider of services to B2B enterprise portals reported a full year 1999 net loss rose of 32 cents per share, compared to the prior year's profit of two cents.  Full year revenues rose 44.1% to $29.4 million.

FIRST SECURITY CORP (FSCO, 12)- The bank's board of directors has voted to cancel its merger agreement with Zions Bancorporation (ZION, 41.63) after Zion's shareholders voted against the deal.
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FRIEDE GOLDMAN HALTER (FGH, 6.88)- The maker of offshore drilling equipment reported a fourth quarter loss of $1.39 per share, in line with the company's earlier guidance.

LINC CAPITAL INC (LNCC, 3.06)- The provider of leasing finance services said it expects to post a loss for full year 1999 which will put it in violation of its bank loan covenants. The company said its efforts to find a buyer for the company have been unsuccessful, but it is continuing negotiations to sell individual units.

MEDTRONIC INC (MDT, 51.43)- An FDA advisory panel has recommended approval of the medical device maker's Activa Parkinson's Control Therapy device.

MICROSOFT CORP (MSFT, 106.25)- Settlement talks between the software maker and the justice department have broken down.  A ruling in  the antitrust suit is likely to be issued within the next two weeks.

RAINFOREST CAFE (RAIN, 3.59)- The theme restaurant operator issued its second profits warning in two days, warning that it sees full year 2000 earnings in the range of $0.10-$0.15 per share.  Analysts were looking for the company to earn 40 cents.  The company sees revenues of $255-$265 million, essentially flat with 1999's $257 million.  The company said it expects its cash flow to decline by $7-$10 million, and expects its available cash to fall beneath $10 million by year end.

SOLOMON-PAGE GROUP LTD (SOLP, 2.88)- The provider of temporary staffing services has agreed to be acquired by a management led investment group for $4.25 per share in a deal valued at $17 million.