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

 SEC FILINGS

DOUBLECLICK INC (DCLK, 18.13)- The Internet ad agency met expectations as it reported third quarter earnings of three cents per share, excluding one-time items, compared to last year's one cent.  Revenues in the quarter jumped 79% to $135.2 million, but fell short of analysts' estimates of $140 million.  The company warned that fourth quarter, and fist quarter results will fall short of expectations due to a decline in advertising spending by pure play Internet companies.  The company now sees fourth quarter earnings of three cents per share, and a fourth quarter loss.  Analysts were looking for the company to earn five cents and two cents, respectively in the two quarters.  The shares fell 4.13 in after hours trading on the news.

ERICSSON LM (ERICY, 13.63)- The telecom equipment maker has agreed to acquire wireless infrastructure products maker Microwave Power Devices Inc (MPDI, 6) for $8.70 per share in an $100 million all-cash deal.
ERICY
MPDI

HERTZ CORP (HRZ, 32)- The provider of vehicle rental and leasing services beat estimates by three cents as its third quarter earnings rose 3.9% to $1.33 per share.  Revenues in the quarter increased 6.9% to $1.438 billion.

IOMEGA CORP (IOM, 4.54)- The maker of data storage products beat estimates by four cents as it reported a third quarter profit of 11 cents per share, excluding gains, compared to last year's loss of 29 cents.  Revenues in the quarter fell 10.1% to $320.5 million.  The company attributed the revenue decline to euro related weakness in Europe, and a decline in Japanese sales.

JUNIPER NETWORKS INC (JNPR, 199.59)- The maker of IP infrastructure products beat estimates by eight cents as third quarter earnings increased 183.3% to 17 cents per share.  Revenues in the quarter soared 580%, and 78% sequentially, to $201.2 million.  The shares gained 6.91 in after hours trading on the news.

MYPOINTS.COM (MYPT, 4.88)- The Internet marketing company warned that it will report a wider than expected third quarter loss due to weakening demand for Internet marketing services.  The company now sees revenues of $13.5-$14.5 million, and expects to post a loss of ($0.39)-($0.45) per share.  Analysts were looking for a loss of 28 cents.  The company also said it will fire 29% of its workers in an effort to reduce costs.  The shares slipped 0.38 in after hours trading on the news.

POWER-ONE INC (PWER, 64.50)- The maker of power conversion products will be added to the S&P 500 Inex after Monday's close.  The shares jumped 7 points in after hours trading on the news.

UNION CARBIDE CORP (UK, 36.56)- The chemicals maker warned that third quarter earnings will fall short of expectations.  The company now sees earnings of 20 cents per share, compared to analysts' estimates of 57 cents.  The company blamed the shortfall on higher raw materials costs, and lower average selling prices for certain product lines.  The shares dropped 4.56 in after hours trading on the news.

DOW JONES & CO (DJ, 57.19)- The financial media company beat estimates by a penny as its third quarter earnings rose 10% to 55 cents per share, excluding charges.  Revenues increased 7% to $529.4 million in the quarter.

HASBRO INC (HAS, 11.63)- The toy maker warned that its third and fourth quarter earnings will fall short of expectations due to slowing sales of Pokeman and Star Wars toys, and the strength of the dollar.  The company now sees third quarter earnings of $0.06-$0.10 per share.  Analysts were looking for the company to earn 32 cents.  The company also announced plans to eliminate 500-550 jobs as part of a cost savings plan.  The shares are down 3.13 to 8.50 in pre-open trading on the news.

HOME DEPOT (HD, 48.94)- The home improvement retailer warned that third quarter earnings will fall short of expectations.  The company now sees earnings of 28 cents per share, compared to analysts' expectations of 31 cents.  The company attributed the shortfall to below forecast revenue growth and pricing pressures in certain building materials product categories.  The shares have tumbled 11.94 to 37 in pre-open trading on the news.

INFOCUS CORP (INFS, 49)- The maker of data-video projection systems beat estimates by five cents as its third quarter earnings rose 55.1% to 45 cents per share.  Revenues in the quarter increased 29% to $227.4 million.

KIMBALL INTERNATIONAL (KBALB, 14.43)- The maker of furniture and cabinets missed estimates by six cents as its fiscal first quarter earnings slipped a penny to 28 cents per share.  Revenues in the quarter rose 12% to $312.9 million.  The company blamed the earnings decline on weakness in its furniture components business.

ADAC LABORATORIES (ADAC, 19.50)- The maker of radiation therapy products warned that fourth quarter earnings will fall short of expectations.  The company now sees revenues of $83-$86 million and earnings of $0.10-$0.15 per share in the quarter, compared to analysts' expectations of 23 cents.  The company attributed the shortfall to weakness in its healthcare information systems business, and lower than expected shipments of PET imaging systems.  The shares tumbled 7.50 in after hours trading to 12.

FANNIE MAE (FNM, 68)- The insurer beat estimates by a penny as its third quarter earnings rose 13.8% to $1.09 per share.  Revenues in the quarter increased 13% to $1.98 billion.

LUCENT TECHNOLOGIES (LU, 31.38)- The telecom equipment maker warned that fourth quarter earnings will fall short of expectations.  The company now sees revenues of $9.3-$9.4 billion and earnings of $0.17-$0.18 per share in the quarter.  Analysts were looking for the company to earn 27 cents.  The company blamed the shortfall on below forecast optical systems sales, declining sales of circuit switching products, and an increase in bad debt reserves.  The shares fell 7.50 to 23.81 in after hours trading on the news.

NEON SYSTEMS INC (NESY, 10.88)- The maker of e-business integration software warned that third quarter earnings will fall short of expectations.  The company now sees a loss of ($0.11)-($0.12) per share, compared to analysts' expectations of a profit of five cents.  The company attributed the shortfall to below forecast sales of mainframe related software.

NORDSTROM INC (JWN, 16)- The department store operator warned that third quarter earnings will fall short of expectations due to below forecast sales and an increase in markdowns.  The company now sees earnings of $0.18-$0.21 per share, excluding charges.  Analysts were looking for the company to earn 25 cents per share.

PACIFICARE HEALTH SYSTEMS (PHSY, 32.63)- The provider of managed healthcare services warned that third quarter results will miss analysts' estimates due to rising Medicare and business healthcare costs.  The company now expects its earnings to fall in the range of ($0.10)-$0.00. Analysts were looking for the company to earn $1.91 per share in the quarter.  The shares dropped 9.63 to 23 in after hours trading on the news.

TALBOTS INC (TLB, 72)- The women's apparel retailer announced a 2 for 1 stock split.

CENTRAL PARKING CORP (CPC, 19.43)- The operator of parking garages warned that fourth quarter earnings will fall short of expectations.  The company now sees earnings above last year's 18 cents per share but below the consensus analyst estimate of 29 cents.

SENSORY SCIENCE CORP (VCR, 1.50)- The maker of dual deck VCR's warned that second quarter earnings will fall short of analysts' expectations of three cents per share due to below forecast sales of older product lines.  The company sees revenues falling 8% to $18.5 million in the quarter, and now expects to report a loss of ($0.38)-($0.42).

SILICON GRAPHICS INC (SGI, 3.88)- The maker of graphics workstations warned that its first quarter results will fall short of expectations.  The company now sees revenues of $420 million and a loss of ($0.28)-($0.30) per share in the quarter, compared to analysts' estimates of a loss of 14 cents.  The company attributed the lowered forecast to a reduced number of shipments caused by component shortages.

ELECTROGLAS INC (EGLS, 16)- The semiconductor equipment maker warned that third quarter earnings will fall short of expectations due to materials shortages and order delays.  The company now sees revenues of $58 million and earnings of $0.49-$0.52 per share, compared to analysts' expectations of 59 cents.

EMULEX CORP (EMLX, 108)- The maker of fibre channel host adaptors announced a 2 for 1 stock split.

MONTANA POWER (MTP, 32.13)- The diversified utility received a favorable mention in this weekend's Barron's.  An analyst gave the shares a 12-month, $50 price target.

SAFECO CORP (SAFC, 25.75)- The insurer warned that third quarter earnings will fall short of expectations.  The company now sees earnings of $0.05-$0.10 per share, compared to analysts' estimates of 25 cents.

WILLIAMS SONOMA INC (WSM, 26.88)- The home products retailer warned that third quarter earnings will fall short of expectations.  The company now sees earnings of $0.04-$0.06 per share.  Analysts were looking for the company to earn 18 cents.  The company attributed the lowered outlook to below forecast catalog sales, higher advertising costs, and lower gross margins.