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

 SEC FILINGS

CONCORD COMMUNICATIONS (CCRD, 21.38)- The maker of e-business software warned that third quarter earnings will fall short of expectations due to reduced capital spending by telecom carriers.  The company now sees revenues of $23-$24 million and earnings of $0.04-$0.06 per share in the quarter.  Analysts were looking for the company to earn 17 cents.  The shares fell 6.38 to 15 in after hours trading on the news.

JO-ANN STORES (JAS.a, 7)- The fabric store operator warned that third quarter earnings will fall short of expectations due to slowing economic activity, and inventory issues.  The company now sees earnings of 15 cents per share, compared to previous estimates of 30 cents.

LINDSAY MANUFACTURING CO (LNN, 19)- The maker of irrigation equipment missed estimates by eight cents as fourth quarter earnings fell to 12 cents per share from the prior year's 19 cents.  Revenues in the quarter rose 13% to $23.7 million, and the company's order backlog increased 36% to $19.8 million.

LOWES COMPANIES (LOW, 42)- The home improvement retailer warned that third quarter same store sales growth will fall short of its previous estimates of 4%-6%.  The company remains confident, however, of meeting analysts' earnings expectations of 53 cents per share.  The company attributed the lowered forecast to the effects of "remerchandising plans" at recently acquired stores.

MARIMBA INC (MRBA, 11.13)- The maker of Internet infrastructure software warned that third quarter earnings will fall short of expectations.  The company now sees a loss of ($0.13)-($0.17) per share, compared to analysts' expectations of a profit of four cents.  The company attributed the downward revision to delays in closing several sales.  The shares tumbled 4.94 to 6.19 in after hours trading on the news.

PAUL HARRIS STORES (PAUH, 1)- The women's apparel retailer said September same store sales dropped 14%.  September total sales fell to $22.2 million from last year's $25.6 million.  The company said it is continuing its search for additional funding to ease its liquidity problems.

RAZORFISH INC (RAZF, 8.75)- The provider of Internet consulting and design services warned that its third quarter results will fall short of expectations due to lower than expected results from its European operations, and the weakness of the euro against the dollar.  The company now sees revenues rising 1%-2% sequentially to $77-$78 million, and expects to report a profit of $0.02-$0.04 per share.  Analysts were looking for the company to earn eight cents.

ROYAL PRECISION INC (RIFL, 2)- The maker of golf club shafts beat estimates by a penny as its fiscal first quarter earnings fell 60% to two cents per share.  Revenues in the quarter rose 6.1% to $7 million.

STRUCTURAL DYNAMICS RESEARCH (SDRC, 15.81)- The maker of product data management software warned that its third quarter results will fall short of expectations due to a decline in capital spending by many companies.  The company now sees revenues of $105 million and breakeven earnings in the quarter.  Analysts were looking for the company to earn 25 cents.  The shares fell 4.53 in after hours trading on the news.

WATSON PHARMACEUTICALS (WPI, 66)- The drugmaker has agreed to acquire Makoff R&D Laboratories Inc. in an all-stock deal valued at $184 million.

AMES DEPARTMENT STORES (AMES, 6)- The discount retailer said September same store sales dropped 3.9%.  September total sales rose 1.2% to $326.4 million.  The company attributed the same store sales decline to higher layaway sales.

DELL COMPUTER (DELL, 28.19)- The PC maker warned that third quarter revenues will fall 3 percent short of internal expectations due to weak European sales.  The company still expects to meet analysts' consensus third quarter earnings estimates of 25 cents per share, but said its fourth quarter earnings could miss expectations by $0.01-$0.02.

FRED'S INC (FRED, 22)- The discount retailer said September same store sales rose 7.1%.  September total sales increased 12.6% to $64.1 million.

HARMONIC INC (HLIT, 22.81)- The maker of broadband products warned that third quarter earnings will fall short of expectations.  The company now sees a loss of ($0.06)-($0.09) per share.  Analysts were looking for the company to earn 12 cents.  Revenues are expected to fall by up to 18% sequentially to $43.5-$44.5 million in the quarter.  The company attributed the shortfall to a slowdown in sales to the cable industry.

HUDSON UNITED BANCORP (HU, 27)- The bank holding company warned that third quarter earnings will fall short of expectations due to higher operating costs and below plan revenue growth.  The bank now sees earnings of $0.50-$0.52 per share in the quarter, compared to analysts' estimates of 63 cents.

KOHL'S CORP (KSS, 57)- The retailer said September same store sales rose 9.7%.  September total sales rose 33.7% to $518.1 million.

MASCO CORP (MAS, 18.88)- The maker of faucets and other home improvement products warned that third and fourth quarter earnings will fall short of expectations.  The company now sees third quarter earnings of 41 cents per share and fourth quarter earnings of 37 cents.  Analysts were looking for $0.43 and $0.41 in the two quarters.  The company attributed the lowered forecast to a slowdown in North American and European orders, the weakness of the euro, and inventory problems.

ARROW ELECTRONICS (ARW, 33)- The electronics distributor said it expects to beat analysts' third quarter estimates.  The company now sees earnings of at least 96 cents per share in the quarter, compared to analysts' expectations of 89 cents.

CARRIER ACCESS CORP (CACS, 21)- The broadband equipment maker warned that third quarter earnings will fall short of expectations due to order closing delays and slower than expected sales to certain customers.  The company now sees revenues of $38.0-$40.5 million and earnings per share of $0.15-$0.18.  Analysts were looking for the company to earn 32 cents.

CHARMING SHOPPES (CHRS, 5.19)- The apparel retailer said September total sales rose 32% to $139.5 million.

COMPUTER ASSOCIATES (CA, 24.43)- The software maker warned that second quarter estimates will fall short of expectations.  The company now sees earnings of $0.50-$0.54 per share, compared to analysts' estimates of 56 cents.

FRESH CHOICE INC (SALD, 3)- The restaurant operator said third quarter earnings rose 25% to 15 cents per share.  Revenues in the quarter inched up 2.1% to $18.8 million and same restaurant sales rose 7.2%, but the average customer check fell 1% to $7.25.

GUIDANT CORP (GDT, 69)- The maker of cardiovascular equipment warned that third quarter revenues will fall short of expectations.  The company now sees revenues of $600 million, but said analysts' estimates of $0.40 per share "may still be attainable".  The company also said its MULTI-LINK TETRA Coronary Stent System has received FDA approval.

MACKIE DESIGNS INC (MKIE, 7.63)- The maker of professional audio equipment warned that third quarter earnings will be negatively impacted by a $7 million sequential drop in revenues to $49 million.

NABORS INDUSTRIES (NBR, 52.27)- The oil services company will join the S&P 500 Index on an as yet undetermined date.

RITE AID CORP (RAD, 4)- The beleaguered drug store chain said September same store sales jumped 10.7%.  September total sales rose 8% to $1.086 billion.

SCIQUEST INC (SQST, 5)- The maker of enterprise e-commerce products warned that third quarter earnings will fall short of expectations due to higher marketing expenses and lower gross margins.  The company now sees a loss of ($0.43)-($0.45) per share, compared to analysts' estimates of a loss of 37 cents.

SOUTHWEST AIRLINES (LUV, 25.50)- The airline said its September load factor rose to 65.7% from last year's 63.9%.  September revenue passenger miles increased 15.9% to 3.3 billion.

COMPUTER TASK GROUP (TSK, 3)- The provider of IT management services warned that its third quarter earnings will fall short of expectations due to below forecast sales.  The company now sees a loss of ($0.04)-$($0.01) per share in the quarter.  Analysts were looking for the company to earn a penny.

DR HORTON INC (DHI, 17)- The home builder said it expects to beat analysts' fourth quarter estimates.  The company now sees earnings of at least 83 cents per share in the quarter.  Analysts were looking for the company to earn 76 cents.

HUB GROUP INC (HUBG, 9)- The freight company warned that third quarter earnings will fall short of expectations.  The company now sees earnings of $0.17-$0.21 per share, compared to analysts' estimates of 47 cents.  The company said the weakness will continue into the fourth quarter.

XEROX CORP (XRX, 15.31)- The copier maker warned that third quarter earnings will fall short of expectations due to slow September sales in Europe and North America, the weakness of the euro, and increased competition.  The company said it is considering the sale of certain assets and may cut its dividend.

ZILA INC (ZILA, 3)- The maker of medical and dental products beat estimates by six cents as its fiscal 2000 earnings rose to seven cents per share from last year's loss of five cents.  Fiscal year revenues rose 9% to $77.58 million.

CATERPILLAR INC (CAT, 31)- The heavy equipment maker warned that third quarter earnings will fall short of expectations.  The company now sees earnings of approximately 58 cents per share, compared to analysts' estimates of 68 cents.  The company attributed the shortfall to weak conditions in North America, the decline of the euro and pound, higher energy costs, and pricing pressures.

CARBIDE/GRAPHITE GROUP (CGGI, 4)- The maker of graphite products said its fourth quarter loss widened to 28 cents per share from last year's loss of 23 cents.  Revenues in the quarter slipped to $51.36 million from last year's $54.31 million.  The company attributed the wider loss to pricing pressures, the weakness of the euro, and higher oil costs.

DOREL INDUSTRIES (DIIBF, 18.63)- The maker of car seats, strollers, and other juvenile products warned that third quarter earnings will decline 18%-22% from last year's levels.  The company now sees full year earnings of $1.30-$1.35 per share and full year revenues of $800 million.

IDACORP INC (IDA, 46)- The utility said that it expects to beat analysts' third quarter estimates.  The company now sees earnings of at least 88 cents per share.  Analysts were looking for the company to earn 60 cents.  The company attributed the improved forecast to strong results from its wholesale energy business.

WALGREEN CO (WAG, 37.94)- The drugstore operator met expectations as its fourth quarter earnings rose 18.4% to 19 cents per share, excluding gains.  Revenues in the quarter rose 18% to $5.4 billion, and same store sales jumped 10.8%.  The company said prescription sales rose 24.2% in the quarter.