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

 SEC FILINGS

CITATION CORP (CAST, 14.13)- The company has agreed to be acquired by RSJ Acquisition Co, a wholly owned unit of Kelso & Co for $18.10 a share in cash in a $643.8 million deal.

EKCO GROUP (EKO, 4.56)- The NYSE has informed the company that it no longer meets the exchange's listing criteria.  The shares will be suspended from trading on the NYSE on July 26th.

INTERNATIONAL MICROCOMPUTER SOFTWARE (IMSI, 5.25)- The software maker will take a $5.7-$6.7 million restructuring charge in its second quarter as part of an effort to refocus on high margin product lines and its Internet business.

KATY INDUSTRIES (KT, 14.25)- The electrical and maintenance products company warned that lower than expected sales and a decrease in  margins will result in second quarter results coming in below expectations, the company sees $0.10-$0.12, analysts were looking for $0.18.  The company will take a restructuring charge, and said it has hired DLJ to explore the possible sale of its underperforming Electrical/Electronics businesses which account for 33% of Katy's revenues and 20% of its profits.

NEWPARK RESOURCES (NR, 10.75)- The oilfield services company will merge with Tuboscope (TBI, 14.25) in a $1.3 billion deal.   Newpark shareholders will receive 0.65 shares of Tuboscope for each share owned.   Newpark and Tuboscope shareholders will each hold 50% of the new company's shares after the deal.

COLDWATER CREEK (CWTR, 17.68)- The direct mail retailer beat estimates by 7 cents, earning 15 cents a share in its fiscal first quarter, an increase of 123.2%.

LYCOS INC (LCOS, 93.5)- The company is reportedly considering selling shares of its 50% owned European unit in a public offering later this year.

MICRON TECHNOLOGY (MU, 43.94)- The memory chip maker reported a wider than expected third quarter loss of 10 cents a share.   Analysts were looking for a 1 cent loss.

CYBERIAN OUTPOST (COOL, 11.38)- The online computer retailer posted a wider than expected first quarter  loss of 40 cents a share, compared to estimates of a 39 cent loss.  Revenues increased 183% to $32.7 million in the quarter, and gross margins improved to 10.4% from last year's 9.0%.   The company reported 18% sequential growth at its Outpost.com web site.

GEORGIA PACIFIC GROUP (GP, 53.5)- The paper maker said it expects to surpass current analysts second quarter earnings estimates, the company sees earnings of over $1.00 in the quarter, analysts were looking for $0.89.   The company cited better than expected sales and improved pricing power for the better than expected numbers.

INTRAWARE (ITRA, 22.75)- The software services company reported a narrower than expected first quarter loss of 14 cents a share, compared to estimates of a 30 cent loss.  Revenues increased 228% to $16.5 million in the quarter.  The company's membership base increased 43% sequentially to 120,000 members.

METRO GOLDWYN MAYER (MGM, 15.5)- The film studio will take a second quarter restructuring charge of $225 million, and report a loss of $1.66 in the quarter.  The planned cost cutting moves will result in $11 million in annual savings.  The company will cut jobs and has canceled plans for 3 films as part of the restructuring.

MONTANA POWER (MTP, 70)- Look for the shares to be strong in today's trading after the energy company announced a 2 for 1 stock split.

NETWORK APPLIANCE (NTAP, 44.81)- The company will join the S&P 500 after the close on June 24th.

3COM CORP (COMS, 31.5)- The networking equipment company beat estimates by a penny, earning 24 cents a share in its fourth quarter, an increase of 34% from last year's quarter. Revenues, however, came in below expectations.  Revenues rose 3.5% to $1.42 billion in the quarter.  The shares fell 3/8 in after hours trading on the news.

CABLETRON SYSTEMS (CS, 15.75)- The networking equipment company beat estimates by 3 cents, earning 4 cents a share in its first quarter.  The company reported higher than expected revenues of $349.5 million in the quarter.

CONSOLIDATED PAPERS (CDP, 26.56)- The maker of paper for the printing and publishing industries warned that pricing pressures will cause its second quarter earnings to fall below current expectations of 20 cents a share.

ECKO GROUP (EKO, 4.5)- The branded consumer products maker said that it expects to report second quarter revenues of $59-$61 million and warned that it will report a wider than expected loss.  The company sees a loss of $0.15-$0.17 a share in the quarter, analysts were looking for a loss of 5 cents.   The company blamed a delay in orders from a major retail customer, weak export sales, and soft retail sales in the U.K. for the poor showing.  Ecko also said it has hired Lehman Brothers to explore strategic alternatives to enhance shareholder value.

KNOLL INC (KNL, 24.81)- The office furniture maker has agreed to be acquired by Warburg, Pincus Ventures, L.P. and members of its management for $28 a share.

LNR PROPERTY (LNR, 21.56)- The property company said it expects to report second quarter earnings of 83 to 88 cents a share, exceeding current analysts estimates of 58 cents a share.

MICRON ELECTRONICS (MUEI, 10.88)- The PC maker beat estimates by 1 cent, earning 7 cents a share in its third quarter.   Revenues fell to $327.7 million from last year's $340.8 million, but gross margins showed a sequential improvement to 18.7% from the second quarter's 17%.  PC unit sales fell 13% sequentially.

SYSTEMAX (SYX, 11.88)- The company aid it expects second quarter revenues to meet current expectations of $380-$395 million, but warned that a change in product mix will cause it to report earnings of $0.180$0.20 (before a 10 cents a share charge), compared to current forecasts of a 31 cent profit.

CHESAPEAKE CORP (CSK, 37)- The paper company warned that second quarter earnings will be 10% to 20% below current estimates of 51 cents a share.  The company cited a "short-term margin squeeze" and lower than expected land sales for the shortfall.  The company still expects to meet analysts full year earnings estimates of $2.25-$2.50 a share.

GENERAL DYNAMICS (GD, 66.44)- The company was awarded a $1.27 billion U.S. Army contract for HYDRA helicopter weapons systems.

OMNIQUIP INT'L (OMQP, 8.5)- The company said revenue growth is below expectations and  warned that third quarter earnings will be 12 to 15 cents, compared to current analyst estimates of 50 cents.  The company also announced plans to cut 200 jobs at its Snorkel unit and take a 9 cent a share restructuring charge.

PEGASUS COMMUNICATIONS (PGTV, 47.25)- The company's shares could be under pressure in today's trading after it was the subject of a negative article in this weekend's Barron's.