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

 SEC FILINGS

EXE TECHNOLOGIES (EXEE, 11)- The maker of fulfillment and distribution software said its second quarter loss narrowed to four cents per share from last year's loss of 48 cents.  Second quarter revenues increased 22%, and 10% sequentially, to $28.1 million.

HSB GROUP INC (HSB, 39)- The insurer has agreed to be acquired by American Int'l Group (AIG, 88) for $1.2 billion in an all-stock deal.  AIG expects the deal to be accretive to 2001 earnings.
HSB
AIG

LSI INDUSTRIES (LYTS, 21)- The maker of lighting fixtures missed estimates by a penny as fourth quarter earnings fell 24% to 40 cents per share.  Revenues in the quarter dipped 13% to $56.3 million.

NCS HEALTHCARE (NCSS, 1)- The operator of hospital pharmacies missed estimates by 20 cents as it reported a fourth quarter loss of 29 cents per share, compared to last year's profit of 10 cents.  Revenues in the quarter fell 12% to $160.55 million.

SERENA SOFTWARE (SRNA, 36.25)- The maker of Internet infrastructure software beat estimates by four cents as second quarter earnings rose 80% to 18 cents per share.  Revenues in the quarter increased 42% to $25.2 million.

SUN MICROSYSTEMS (SUNW, 119.43)- The computer maker announced a 2 for 1 stock split.

BIRMINGHAM STEEL (BIR, 3.13)- The steelmaker missed estimates by three cents as its fourth quarter loss narrowed to 47 cents per share from last year's loss of $6.90.  Revenues in the quarter fell to $213.1 million from last year's $258 million.

CIENA CORP (CIEN, 163)- The maker of fiber optic networking products beat estimates by two cents as third quarter earnings rose 58.3% to 19 cents per share.  Revenues in the quarter rose 80%, and 25% sequentially, to $233.3 million.

CORNING INC (GLW, 287.50)- The fiber optic products maker announced a 3 for 1 stock split.

COST PLUS INC (CPWM, 31.88)- The specialty retailer beat estimates by a penny as second quarter earnings rose 40% to seven cents per share.  Revenues in the quarter rose 21.2% to $92.8 million, and same store sales increased 7.1%.

DELIA*S INC (DLIA, 2.19)- The  beleaguered teen catalog retailer has agreed to merge with its teen-orientated Internet subsidiary iTurf Inc (TURF, 3) in an $88 million all stock deal.  The shares jumped 1.31 in after hours trading on the news.
DLIA
TURF

NORDSTROM INC (JWN, 17.94)- The department store operator missed estimates by five cents as second quarter earnings slumped 31.4% to 35 cents per share.  Second quarter revenues were essentially flat at $1.45 billion, but same store sales slid 4.5%.  The company attributed the shortfall to higher than expected markdowns and advertising expenses, and below forecast sales.

SCITEX CORP (SCTX, 11)- The provider of digital imaging products reported second quarter revenues of $53.38 million.

STAR TELECOMMUNICATIONS (STRX, 3.22)- The telecom said its second quarter loss narrowed to 19 cents per share from last year's loss of 48 cents.  Second quarter revenues slumped 11% to $242.3 million.

ANALOG DEVICES (ADI, 81)- The maker of integrated circuits beat estimates by six cents as third quarter earnings rose 187% to 43 cents.  Revenues in the quarter jumped 85%, and 21% sequentially, to $701 million.  The company said it expects to exceed analysts' fourth quarter estimates.  The company now sees earnings of $0.49-$0.50.  Analysts were looking for the company to earn 41 cents.

CIENA CORP (CIEN, 170)- The maker of optical networking equipment announced a 2 for 1 stock split.

CROSS TIMBERS OIL (XTO, 23.31)- The oil and gas company announced a 3 for 2 stock split.

KOHL'S CORP (KSS, 57)- The retailer beat estimates by a penny as second quarter earnings rose 46.2% to 19 cents per share.  Second quarter revenues rose 33.6% to $1.255 billion, and same store sales increased 7.1%.  Gross margins improved to 34.8% from last year's 34.5%.

KROLL-O'GARA (KROG, 5.19)- The provider of corporate security services reported a second quarter loss of 12 cents per share, compared to last year's profit of 22 cents.  Revenues in the quarter slipped 2.7% to $78.3 million, and gross margins fell to 35.3% from last year's 40%.

ELECTRONIC ARTS INC (ERTS, 89.56)- The interactive game maker announced a 2 for 1 stock split.

GEMSTAR-TV GUIDE INT'L (GMST, 65.68)- The consumer entertainment media company beat estimates by two cents as first quarter earnings doubled to 12 cents per share.  Revenues in the quarter increased 40% to $63.2 million.

MARVEL ENTERPRISES (MVL, 4.81)- The comic book publisher said its second quarter loss widened to 43 cents per share from last year's loss of 38 cents.  Revenues in the quarter slumped 17% to $51 million.  The company attributed the revenue slide to lower sales of wrestling related toys at its Toy Biz unit.

STAPLES INC (SPLS, 18.13)- The office supply retailer beat estimates by a penny as second quarter earnings declined to 10 cents per share from last year's 11 cents.  Second quarter revenues increased 20% to $2.2 billion.

STEMCELLS INC (STEM, 5.56)- The biotech said its second quarter loss narrowed to three cents per share from last year's loss of 10 cents.

AETHER SYSTEMS INC (AETH, 149)- The maker of wireless products has agreed to acquire wireless software maker Cerulean Technology Inc for $150 million.

CANADIAN NATURAL RESOURCES LTD (CED, 30.56)- The oil and gas explorer said second quarter earnings jumped 546% to $1.55 per share.  Revenues in the quarter increased 175% to $637.4 million.  The company's second quarter cash flow rose 219% to $3.55 per share.

CRONOS GROUP (CRNS, 4.63)- The  provider of intermodal container leasing services reported a second quarter profit of nine cents per share, compared to last year's loss of one cent.  Revenues in the quarter increased 6.8% to $36 million.

FORTUNE FINANCIAL INC (FORU, 2.50)- The automobile insurer said its second quarter loss narrowed to 47 cents per share from last year's loss of 56 cents.

MAGELLAN HEALTH SERVICES (MGL, 3)- The provider of specialty managed health care services beat estimates by three cents as third quarter earnings fell to 18 cents per share from last year's 26 cents.  Revenues increased 14.5% to $479.2 million in the quarter.

THE NAVIGATORS GROUP INC (NAVG, 10.13)- The insurer beat estimates by two cents as its second quarter earnings slipped to 21 cents per share from last year's 23 cents.  Revenues in the quarter increased 13% to $27.8 million, and net written premiums jumped 47% to $32.4 million.

WESTERN RESOURCES (WR, 19)- The electric and gas utility holding company beat estimates by 17 cents as second quarter operating earnings rose to 38 cents per share from last year's 11 cents.  Revenues increased 15.4% to $549.3 million.  The company attributed the better than expected showing to a  strong performance from its electricity business.