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

 SEC FILINGS

ADC TELECOMMUNICATIONS (ADCT, 60.43)- The maker of broadband network equipment beat estimates by three cents as second quarter earnings rose to 29 cents per share from last year's 15 cents.  Revenues increased 55% to $709 million, with broadband connectivity sales jumping 93% to $417 million.  Separately, the company's CEO announced his intention to retire.  The shares rose 2.57 in after hours trading on the news.

CIENA CORP (CIEN, 137.31)- The maker of optical networking equipment beat estimates by two cents as second quarter earnings rose to 12 cents per share from last year's breakeven results.  Revenues increased 66%, and 20% sequentially,  to $185.7 million in the quarter.  The shares rose 2.09 in after hours trading on the news.

MANDALAY RESORTS (MBG, 22)- The casino and resort operator beat estimates by 19 cents as first quarter earnings rose 34.9% to 58 cents per share.  Revenues increased to $639.62 million from $471.26 million in last year's first quarter.

SYNOPSYS INC (SNPS, 42.75)- The maker of electronic design automation tools beat estimates by two cents as second quarter earnings fell to 53 cents per share from last year's 61 cents.  Revenues increased 8% to $204.9 million in the quarter.  The shares fell 0.75 in after hours trading on the news.

EQUANT NV (ENT, 61.63)- The telecom and data network operator missed estimates by seven cents as it reported a first quarter loss of two cents per share, compared to last year's profit of four cents.  Revenues increased 50.3% to $316.8 million.  The company attributed the loss to increased network costs and pricing pressures.

LEGATO SYSTEMS (LGTO, 16)- The maker of storage management software missed estimates by three cents as it reported breakeven first quarter earnings, compared to last year's profit of four cents.  Revenues increased 38% to $60.5 million in the quarter.  The company said it sees full year revenue growth of 10%.

LONGVIEW FIBRE CO (LFB, 13.06)- The timber and paper company beat estimates by three cents as second quarter earnings rose to 24 cents per share from last year's 10 cents.  Revenues increased 16.3% to $216.8 million, with the company's paper and paperboard operations registering a 33% jump in sales.

MOSSIMO INC (MGX, 1.94)- The apparel maker said an involuntary bankruptcy petition has been filed against the company by three of its creditors.

PETCO ANIMAL SUPPLIES (PETC, 14.94)- The pet supplies retailer has agreed to be acquired by an investment group led by Leonard Green & Partners L.P. and Texas Pacific Group for $22 per share in a $600 million all-cash deal.  Separately, the company beat estimates by five cents as first quarter earnings rose 53% to 26 cents per share.  Revenues climbed 15% to $265.2 million in the quarter, and same store sales increased 8.5%.  The shares jumped 6.56 in after hours trading on the news.

PHOTRONICS INC (PLAB, 27.75)- The maker of photomasks beat estimates by three cents as second quarter earnings rose to 21 cents per share from last year's nine cents.  Revenues increased 13% to $60.7 million in the quarter.

TALX CORP (TALX, 14.88)- The provider of human resources ASP services said fourth quarter earnings rose 50% to 12 cents per share.  Revenues increased 18% to $9.3 million in the quarter.

TRINITY INDUSTRIES (TRN, 23.31)- The maker of railcars and barges met expectations as fourth quarter earnings fell 9.4% to 87 cents per share.  Revenues fell to $646.4 million from $775.1 million in last year's fourth quarter.

ANALOG DEVICES (ADI, 67.75)- The maker of analog circuits beat estimates by three cents as second quarter earnings rose to 32 cents per share from last year's 11 cents.  Revenues increased 71% to $581 million in the quarter.  The company said it sees third quarter revenues of $640-$650 million, and earnings of $0.36-$0.37.  Analysts were looking for the company to earn 31 cents.

CHINA.COM CORP (CHINA, 33)- The Chinese web portal said its first quarter operating loss increased to $18.1 million from $16 million in the fourth quarter.  Revenues increased 84% sequentially to $20 million in the quarter.  Gross margins improved to 35% from the fourth quarter's 33%.

CONSOLIDATED STORES (CNS, 12.31)- The operator of toy and closeout stores beat estimates by three cents as its first quarter loss widened to 12 cents per share from last year's loss of three cents.  Revenues increased 8.7% to $1 billion in the quarter.

JAZZTEL PLC (JAZZ, 45.13)- The provider of telecom and Internet services in Spain and Portugal said first quarter revenues rose 80% sequentially to 23.19 million euros.  The company's first quarter operating loss widened to 50.94 million euros from 49.33 million euros in the fourth quarter.

BENIHANA INC (BNHN, 14)- The restaurant operator beat estimates by six cents as fourth quarter earnings rose to 40 cents per share from last year's 38 cents.  Revenues increased 18.6% to $35.7 million.  The company said full year same store sales rose 10.6%.

COCA COLA ENTERPRISES (CCE, 21.38)- The soft drinks bottler warned that full year 2000 earnings will fall short of expectations.  The company now sees earnings of 50 cents per share, compared to analysts' expectations of 71 cents.  The company attributed the shortfall to problems in Great Britain arising from the strength of the British pound against the euro, and to "potential volume softness" in North America.

COMPUTER ASSOCIATES (CA, 52.06)- The software maker met expectations as fourth quarter earnings rose 26% to $1.13 per share.  Revenues increased 31% to $2.13 billion in the quarter, with Distributed Systems sales jumping 34% and Professional Services revenues rising 24%.

DRKOOP.COM (KOOP, 2.43)- The ailing Internet health information web site missed estimates by 28 cents as its first quarter loss narrowed to 80 cents per share ($24.8 million) from last year's loss of $2.84.  Revenues increased to $4.7 million from last year's $404,000.  The company's cash and cash equivalents on March 31st fell to $23.86 million from $35.71 million on December 31st.

EFFICIENT NETWORKS (EFNT, 48.50)- The  maker of DSL access products has agreed to acquire broadband software maker Network TeleSystems for 400,000 shares in $19.4 million all-stock deal.

ALBERTO CULVER CO (ACV, 26.06)- The maker of beauty supplies has agreed to acquire privately held  beauty products distributor Davidson Supply Company for an undisclosed amount.  The company said the deal will add $65 million to its annual sales.

GUM TECH INTERNATIONAL (GUMM, 11.33)- The maker of healthy chewing gum and homeopathic cold and allergy remedies said its first quarter loss widened to 31 cents per share from last year's loss of eight cents.  Revenues increased 64% to $4.02 million in the quarter.  The company attributed the increased loss to higher advertising expenses.

INTERNATIONAL PAPER (IP, 36.84)- The paper company has agreed to acquire paper maker Champion International (CHA, 70.50) for $75 per share in a $7.3 billion cash and stock deal.  Under the terms of the agreement, Champion shareholders will receive $50 in cash and $25 in IP stock for each CHA share held.
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IWERKS ENTERTAINMENT (IWRK, 1.06)- The entertainment company said its third quarter loss widened to $4.06 per share (including an $11.66 million goodwill writedown charge) from last year's loss of 11 cents.  Third quarter revenues tumbled to $5.91 million from last year's $10.42 million.  The company's cash and cash equivalents position fell to $2 million from $6.7 million on June 30th.

MACDERMID INC (MRD, 21.19)- The specialty chemicals maker missed estimates by four cents as it reported flat fourth quarter earnings of 40 cents per share.  Fourth quarter revenues increased 59.5% to $189.79 million.

MEDIWARE INFORMATION SYSTEMS (MEDW, 6.50)- The provider of clinical information systems missed estimates by seven cents as its third quarter loss widened to 17 cents per share from last year's loss of 14 cents.  Third quarter revenues fell to $6.3 million from last year's $7.3 million.  The company attributed the wider loss to a Y2K related revenue slowdown.

MERRIMAC INDUSTRIES (MRM, 12.50)- The maker of signal processing components said its first quarter earnings fell to $0.01, excluding charges, from last year's 12 cents.  Revenues rose 3.6% to $4.91 million in the quarter.

NETIA HOLDINGS (NTIA, 30.38)- The Polish telecom said first quarter revenues increased 112% to $23 million.  The company said EBITDA earnings rose to $2.4 million from last year's $0.9 million.

ON2.COM INC (ONT, 10.94)- The broadband services provider missed estimates by 15 cents as its first quarter loss widened to 30 cents per share, excluding charges, from last year's loss of six cents.  Revenues in the quarter increased to $104,000 from last year's $7600.  The company's cash and cash equivalents balance sheet position fell to $8.95 million from $15.08 million on December 31st.

PACKARD BIOSCIENCE CO (PBSC, 11)- The medical instruments maker reported first quarter earnings of two cents per share, excluding charges, compared to last year's one cent.  Revenues increased to $62.5 million from last year's $58.7 million.

PAPA JOHNS INTERNATIONAL (PZZA, 25)- The pizza restaurant operator said April same restaurant sales rose 7.3%.

PAUL HARRIS STORES (PAUH, 2.85)- The apparel retailer reported a first quarter loss of 52 cents per share, compared to last year's profit of six cents.  Revenues increased 5.7% to $61.8 million in the quarter, but same store sales fell 1.1%.

SAFETY-KLEEN CORP (SK, 0.81)- The troubled provider of industrial waste services said its CEO, COO, and CFO have resigned.  No further details were given.

STARBUCKS CORP (SBUX, 32.56)- The coffee restaurant operator received a negative mention in Alan Abelson's column in Barron's.  An analyst sees the stock falling to $20.

THE NAVIGATORS GROUP (NAVG, 9.88)- The insurer missed estimates by four cents as first quarter earnings fell to 16 cents per share from last year's 25 cents.  The company attributed the lower profit to weakness in marine insurance premium rates.