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

 SEC FILINGS

AAMES FINANCIAL CORP (AAM, 1.56)- The home equity lender said its fourth quarter loss widened to $2.64 per share from last year's loss of $2.47.  Revenues in the quarter fell to $41.92 million from last year's $43.7 million.

AIRBORNE FREIGHT CORP (ABF, 10)- The freight company warned that third quarter earnings will fall short of expectations.  The company now sees a loss of ($0.05)-($0.10) per share in the quarter.  Analysts were looking for the company to earn 29 cents.  The company attributed the shortfall to rising fuel costs and below forecast domestic growth.

APPLE COMPUTER (AAPL, 53.50)- The computer maker warned that fourth quarter results will fall short of expectations.  The company now sees revenues of $1.85-$1.90 billion, and earnings of $0.30-$0.33 per share in the quarter.  Analysts were looking for the company to earn 45 cents.  The company attributed the shortfall to weak September sales, below forecast Education sales, and slow initial sales of its G4 products.  The shares tumbled 24.38 points to 29.13 in after hours trading on the disappointing news.

CEMEX (CX, 21)- The Mexican cement maker has agreed to acquire cement maker Southdown (SDW, 55) in a $2.8 billion all cash deal.  Under the terms of the deal, SDW shareholders will receive $73 in cash for each Southdown share held.  Cemex expects the deal to be immediately accretive to its cash earnings.
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COVENANT TRANSPORT (CVTI, 9.63)- The trucking company warned that third quarter earnings will fall short of expectations due to rising fuel costs and a slowdown in the general economy.  The company now sees earnings of $0.20-$0.25 per share, compared to analysts' estimates of 32 cents.

DISCOUNT AUTO PARTS (DAP, 8)- The auto parts retailer missed estimates by 17 cents as its fiscal first quarter earnings fell to 21 centsper share from last year's 44 cents.  Revenues in the quarter rose 16.3% to $167.1 million, and same store sales increased 6.5%.  The company attributed the shortfall to margin pressures and inventory shrinkage.

MAIL-WELL INC (MWL, 5.81)- The commercial printer warned that third quarter earnings will fall short of expectations.  The company now sees operating earnings, excluding charges, of $0.24-$0.26 per share.  Analysts were looking for the company to earn 31 cents.

THEGLOBE.COM INC (TGLO, 1)- The online community website operator warned that third quarter revenues and earnings will fall far short of expectations due to weak Internet advertising sales.  The company now sees revenues of $6.1-$6.4 million and expects to report a loss of ($0.35)-($0.37) per share in the quarter.  Analysts were looking for revenues of $11 million and a loss of ($0.28).

CHRISTOPHER & BANKS (CHBS, 39)- The women's apparel retailer said September same store sales jumped 16%.  September total revenues rose 40% to $15.3 million.

EGL INC (EAGL, 30.25)- The provider of freight and logistics services will join the S&P MidCap 400 Index after Monday's close.

KING PHARMACEUTICALS (KG, 33)- The drugmaker will join the S&P 500 Index after next Tuesday's close.  The company also said it will take a $90 million third quarter charge and discontinue the manufacturing of its Fluogen drug after receiving an adverse FDA ruling.

MORRISON MANAGEMENT SPECIALISTS (MHI, 28.65)- The provider of dining services to the healthcare industry met expectations as its fiscal first quarter earnings rose 18.2% to 33 cents per share.  Revenues in the quarter increased 39% to $131 million.

ROYAL BANK OF CANADA (RY, 61)- The financial services group has agreed to acquire broker Dain Rauscher (DRC, 80) in a cash deal valued at $1.456 billion.  Under the terms of the deal, DRC shareholders will receive $95 in cash for each share held.
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SAFEWAY INC (SWY, 54.13)- The supermarket operator beat estimates by a penny as its third quarter earnings rose 20.5% to 53 cents per share.  Revenues rose 15% to $7.5 billion in the quarter, and same store sales increased 4.9%.

U.S. XPRESS ENTERPRISES (XPRSA, 7)- The provider of trucking services warned that third quarter earnings will fall short of expectations.  The company now sees earnings of $0.10-$0.12 per share in the quarter, compared to analysts' expectations of 22 cents.  The company attributed the shortfall to a 25% jump in fuel prices.

DST SYSTEMS (DST, 115.50)- The provider of information processing services to the financial industry announced a 2 for 1 stock split.

PARLEX CORP (PRLX, 24.97)- The maker of flexible circuits warned that its fiscal first quarter results will fall short of expectations due to production delays and capacity constraints.  The company now sees revenues falling below the fourth quarter's $31.8 million, and expects to report earnings of 39 cents per share.  Analysts were looking for the company to earn 46 cents.

RETEK INC (RETK, 42)- The maker of Internet software will join the S&P MidCap 400 Index after the close on Friday.

SILICON STORAGE TECHNOLOGY (SSTI, 26.03)- The maker of flash memory products said it expects to beat third quarter estimates.  The company now sees revenues rising over 45% sequentially to $150 million plus, and expects to report earnings of 35 cents per share or more.  Analysts were looking for the company to earn 25 cents.

TIBCO SOFTWARE (TIBX, 85)- The maker of Internet infrastructure software beat estimates by two cents as its third quarter earnings rose to seven cents per share, excluding charges, from last year's two cents.  Revenues in the quarter jumped 180%, and 24% sequentially, to $67.2 million.

ALFA CORP (ALFA, 19.25)- The insurer warned that third quarter earnings will fall short of expectations due to the impact of storm related claims.  The company expects the claims to lower its earnings by seven cents per share.  Analysts were looking for the company to earn 42 cents in the quarter.

GUESS? INC (GES, 19.81)- The apparel maker warned that third quarter earnings will fall short of expectations.  The company now sees earnings of $0.35-$0.38 per share, compared to analysts' expectations of 44 cents.  The company attributed the lowered forecast to "a soft retail environment", inventory issues and lower product prices. The company said the problems could also hurt its fourth quarter results.

LEXMARK INTERNATIONAL (LXK, 52)- The printer maker warned that third quarter earnings will fall  20%-25% below analysts' expectations.  Analysts were looking for the company to earn 60 cents per share.  The company attributed the shortfall to weak inkjet cartridge sales and the decline of the euro.

SABA SOFTWARE (SABA, 32)- The software maker beat estimates by seven cents as its fiscal first quarter loss narrowed to 34 cents per share from last year's loss of 43 cents.  Revenues in the quarter rose 489% to $10 million.

BANK OF THE OZARKS (OZRK, 15.50)- The Arkansas bank warned that third quarter earnings will fall short of expectations.  The company now sees earnings of $0.23-$0.26 per share, compared to analysts' expectations of 49 cents.  The company attributed the shortfall to higher loan loss provisions and a lower net interest margin.

COMCAST (CMCSK, 36.13)- The cable operator's shares were called undervalued in this weekend's Barron's.

GEORGIA GULF CORP (GGC, 11.19)- The specialty chemical maker warned that third quarter earnings will fall short of expectations due to weakening demand, price erosion, and higher energy prices.  The company now sees earnings of $0.20-$0.25 per share.  Analysts were looking for the company to earn 50 cents.

RAYONIER INC (RYN, 37.94)- The maker of pulp and timber products warned that third quarter earnings will fall short of expectations due to lower product demand, lower prices, and currency fluctuations.  The company now sees earnings of $0.42-$0.44 per share, compared to analysts' expectations of 49 cents.

TYCO INTERNATIONAL (TYC, 51.25)- The diversified industrial is reportedly eyeing the U.K.'s Invensys Plc, according to the Sunday Business.  The bid would reportedly be in the neighborhood of 6 billion pounds (US$8.6 billion).

UNITED RENTALS (URI, 20)- The provider of equipment rental services will join the S&P MidCap 400 Index after the close on September 28th.

US FREIGHTWAYS CORP (USFC, 27.63)- The trucking company warned that third quarter earnings will fall short of expectations due to a slowing U.S. economy and rising fuel costs.  The company now sees earnings of $0.90-$0.95 per share.  Analysts were looking for the company to earn $1.11.

VALUE LINE INC (VALU, 35.50)- The investment publishing company said its first quarter earnings fell 10.1% to 62 cents per share.  Revenues in the quarter rose 3% to $24.56 million.