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

 SEC FILINGS

CHARTER ONE FINANCIAL (CF, 23.50)- The bank holding company will be added to the S&P 500 Index after the close of trading today.

ETHYL CORPORATION (EY, 2.81)- The chemicals maker warned that second quarter and full year earnings will fall short of expectations due to higher raw materials prices and the weakness of the euro against the dollar.  The company now sees second quarter earnings in the "mid single digit range".  Analysts were looking for the company to earn 14 cents in the second quarter and 52 cents for the full year.

JABIL CIRCUIT INC (JBL, 45.75)- The provider of outsourced electronics manufacturing services beat estimates by a penny as third quarter earnings rose 50% to 21 cents per share.  Revenues increased 66%, and 15% sequentially, to $965.8 million in the quarter.

J.M. SMUCKER CO (SJM.a, 17.68)- The maker of fruit spreads and peanut butter said fourth quarter earnings fell to 26 cents per share from last year's 34 cents.  Revenues in the quarter were flat at $156.6 million.  The company attributed the profit drop to higher fruit prices and higher distribution costs.

METLIFE INC (MET, 20)- The insurer has agreed to sell its 48% stake in asset management company Nvest to CDC Asset Management for $40 per unit in a deal valued at $858 million.

RED HAT INC (RHAT, 23.38)- The Linux software maker beat estimates by two cents as its first quarter loss narrowed to two cents per share from last year's loss of eight cents.  Revenues increased 95%, and 22% sequentially, to $16 million in the quarter.  Gross margins improved to 54% from 47.4% in the fourth quarter.

REMEDYTEMP INC (REMX, 15.38)- The provider of temporary staffing services warned that second quarter earnings will fall short of analysts' current expectations of 50 cents per share.  The company attributed the shortfall to lower than expected sales growth.

UNIONBANCAL CORP (UB, 28.68)- The bank holding company warned that second quarter earnings will fall short of expectations.  The company now sees earnings of $0.77-$0.82 per share in the quarter.  Analysts were looking for the company to earn 88 cents.  The company sees non performing loans rising to 0.75% of total loans, compared to 0.56% at the end of the first quarter.

US OFFICE PRODUCTS CO (OFIS, 0.81)- The provider of office supplies said its fourth quarter loss widened to $3.30 per share from last year's loss of $2.66.  Revenues fell 7.9% to $606.9 million in the quarter.

AVT CORP (AVTC, 7)- The maker of communications software warned that second quarter earnings will fall short of expectations.  The company now sees revenues of $24-$27 million and earnings of $0.05-$0.09.  Analysts were looking for the company to earn 11 cents.  The company attributed the shortfall to a slump in the business telephone equipment industry, the loss of a major customer, and "sales force attrition".

CDNOW INC (CDNW, 4.28)- The music retailer said it is continuing its search for a merger partner.  The company said any bid for the company "may be below the current market price" of its shares.

IDT CORP (IDTC, 28.19)- The provider of telecommunications services missed estimates by 20 cents as it reported a third quarter loss of 12 cents per share, excluding gains, compared to last year's profit of seven cents.  Third quarter revenues increased 40%, but fell 5.7% sequentially from the second quarter, to $256.1 million.

CMGI INC (CMGI, 56.63)- The Internet holding company beat estimates by seven cents as its third quarter loss widened to $1.53 per share ($428 million) from last year's loss of 15 cents.  Revenues increased 417%, and 47% sequentially, to $225.9 million in the quarter.  The company's Internet businesses reported revenues of $182.8 million and an operating loss of $718.3 million.  The shares rose 3.87 in after hours trading on the news.

EBAY INC (EBAY, 68)- The online auctioneer has agreed to acquire Half.com for 4.6-5.5 million shares in an all-stock deal valued at $312-$374 million.  eBay expects the deal to be accretive to 2001 earnings.  The shares rose 0.88 in after hours trading on the news.

MACDERMID INC (MRD, 19.56)- The graphics company has acquired wide format printer maker ColorSpan in a $50 million deal.  The company said the deal will be accretive to current earnings.

MARTEK BIOSCIENCES (MATK, 17.75)- The biotech missed estimates by three cents as it reported a second quarter loss of 24 cents per share, flat with the prior year.  Revenues increased 58% to $2.37 million.

NETWORK APPLIANCE (NTAP, 86.06)- The networking company has agreed to acquire network software maker Orca Systems Inc in a $71 million cash and stock deal.  The company expects to take a charge of $0.03 in the current quarter as a result of the deal.  The shares rose 0.94 in after hours trading on the news.

PATTERSON DENTAL CO (PDCO, 53.43)- The dental products distributor announced a 2 for 1 stock split.  The shares rose 0.57 in after hours trading on the news. 

TODD SHIPYARDS CORP (TOD, 8)- The shipbuilder reported fourth quarter earnings of 12 cents per share, compared to last year's $1.92.  Revenues fell 21% to $36.1 million in the quarter.

VTEL CORP (VTEL, 4.13)- The maker of videoconferencing systems missed estimates by 17 cents as its third quarter loss widened to 33 cents per share, excluding one-time gains, from last year's loss of two cents.  Revenues in the quarter slumped to $31.1 million from last year's $36.1 million.  The shares fell 0.13 in after hours trading on the news.

XIRCOM INC (XIRC, 46)- The company has agreed to acquire Omnipoint Technologies for 1.2 million XIRC shares in a $52.2 million deal.  The shares rose 0.50 in after hours trading on the news.

BOISE CASCADE CORP (BCC, 26.31)- The paper maker and office products distributor warned that second quarter earnings will fall short of expectations.  The company now sees earnings  below last year's 52 cents.  Analysts were looking for the company to earn 71 cents.  The company attributed the shortfall to slowdowns in its building products and office products distribution businesses.

GREAT LAKES AVIATION (GLUX, 2)- The airline said its May load factor rose to 49.3% from last year's 48.1%.

THE RIGHT START INC (RTST, 5.43)- The retailer of child development products said its first quarter loss widened to 86 cents per share from last year's loss of one cent.  Revenues increased 38.1% to $15.3 million in the quarter, but same store sales fell 1.7%.

SAFETY-KLEEN CORP (SK, 0.63)- The industrial waste management company filed for Chapter 11 bankruptcy protection.

SOLUTIA INC (SOI, 12.88)- The specialty chemical product maker warned that second quarter earnings will fall short of expectations.  The company now sees earnings per share "in the low 30's", excluding a $30 million charge.  Analysts were looking for the company to earn 47 cents.  The company attributed the shortfall to a weak euro and rising raw materials costs.