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

 SEC FILINGS

AMERITRADE (AMTD, 17)- The online broker met expectations as it lost five cents per share in its fiscal fourth quarter.  Revenues increased 88% to $74.5 million.  Sequentially, revenues declined 5% from the third quarter and "trades per day" slumped 11%.  The company blamed the sequential slowdown on a "slower market environment".

CAREMARK RX INC (CMX, 4.88)- The provider of drug benefit services met expectations as it earned seven cents per share in the third quarter.  Revenues rose 23% to $813 million in the quarter.

CBS CORP (CBS, 45.19)- The radio and TV station operator missed estimates by two cents, earning seven cents per share in the third quarter.  In last year's third quarter the company lost six cents.  Revenues increased 8% to $1.71 billion, and operating cash flow increased 51% in the quarter.

C-CUBE MICROSYSTEMS (CUBE, 40.38)- The maker of fiber optic systems has agreed to merge its DiviCom Inc unit with Harmonic Inc (HLIT, 59.88) in a deal worth $1.7 billion.  C-Cube will then spin off its remaining business, its semiconductor unit, to shareholders.  Under the terms of the agreement, CUBE shareholders will receive 0.5427 shares of HLIT for each CUBE share held and shares in the spinoff.  CUBE shares last traded at 50 on Island in after hours trading following the news.

PARADYNE NETWORKS (PDYN, 31.69)- The maker of broadband access systems beat expectations by six cents, reporting third quarter earnings of $0.06 per share, compared to a loss of $0.01 last year.  Revenues increased 9% to $57.8 million in the quarter, but sales of broadband products jumped 55% to $40.5 million.  The shares last traded at 36 1/2 in after hours trading on Island.

READERS DIGEST ASSOCIATION (RDA, 27.56)- The publisher's first quarter earnings beat expectations by 9 cents as it earned 26 cents per share and  operating profits increased 134%.  Revenues in the quarter fell 8% to $519.2 million.

CDNOW INC (CDNW, 13.5)- The online music retailer reported a narrower than expected third quarter loss of 76 cents per share, compared to analyst estimates of a loss of 83 cents.  The company lost 74 cents in last year's third quarter.  Revenues increased 164% to $36.6 million in the quarter.  Gross margins improved by one percentage point to 21.9%.

COMPAQ COMPUTER CORP (CPQ, 19.5)- The PC maker topped lowered expectations by two cents, earning seven cents per share in the third quarter.  Revenues increased 5% to $9.2 billion in the quarter, bet fell sequentially.  Gross margins improved to 23.8% from 21% in the second quarter.  The company said it expects sales of high-end products to be affected by a Y2K related slowdown in the fourth quarter, but Compaq remains confident that it will see sequential revenue growth in the quarter.

EBAY INC (EBAY, 152)- The Internet based auction house met expectations of a third quarter profit of two cents per share, but the results fell below the whisper number of four cents per share. The company earned two cents in last year's third quarter.  Revenues increase 169% to $58.5 million in the quarter.  Gross margins and revenues per user fell in the quarter, and the company said it expects increased costs in the coming two quarters.  The shares tumbled 10 in after hours trading.

FOSTER WHEELER CORP (FWC, 9.81)- The construction and engineering company beat third quarter estimates by six cents as it earned 33 cents per share, excluding charges.  Revenues in the quarter fell to $940 million from $1.08 billion last year, and unfilled orders declined to $6.59 billion from $7.87 billion.  The company said industry conditions remain weak, but it sees signs of improvement as Asian economies recover.  The company with $4.6 billion in revenues during the latest 12 months, has a market cap of $399 million.

FRIENDLY ICE CREAM CORP (FRND, 5)- The restaurant operator's third quarter earnings rose 61.5% to 69 cents per share, but fell a penny short of expectations.  Revenues in the quarter increased 5.7% to $198.1 million. [editors note: compare the revenue and earnings per share figures of this company to eBay, then consider FRND has a market cap of $38 million while eBay has a market cap of $19.55 billion....bubble, anyone?]

IKON OFFICE SOLUTIONS (IKN, 7.31)- The supplier of copiers and office technology services earned 15 cents per share in its fourth quarter, compared to last year's loss of 49 cents.  The results fell a penny short of estimates.  Revenues fell 4.2% (1.3% sequentially) to $1.37 billion in the quarter.  The company said it sees revenue growth of 1%-2% and earnings of $0.75-$0.85 in Fiscal 2000, compared to current analysts' estimates of 93 cents.

ASK JEEVES INC (ASKJ, 78)- The Internet search service reported a wider than expected loss of 35 cents per share, compared to analysts' expectations of a loss of 34 cents.  Revenues climbed to $6.5 million from $2.7 million in the second quarter.  The company attributed the loss to increased spending on marketing and infrastructure.  The company is now trading at an annualized price/sales ratio of 700.

@PLAN.INC (APLN, 10.38)- The online marketing research company beat estimates by 11 cents as it reported a narrower than expected third quarter loss of three cents per share.  The company lost 50 cents in last year's third quarter.  Revenue increased 124%, and 24% sequentially, to $2 million in the quarter.

BMC SOFTWARE (BMCS, 53.88)- The mainframe software maker said second quarter earnings rose 26% to 44 cents per share, three cents ahead of expectations.  Revenues increased 41% to $415.7 million.  Software license revenue increased 41% in the quarter.

GADZOOX NETWORKS (ZOOX, 60.38)- The provider of network storage devices reported a narrower than expected second quarter loss of eight cents a share.  Analysts were looking for a loss of 12 cents.  Second quarter revenues increased 89% to $11.1 million.  Gross margins increased to 43% from 41% in the first quarter.  Market cap is $1.5 billion.

MYPOINTS.COM (MYPT, 15.75)- The Internet marketing company beat estimates by 10 cents as it reported a narrower than expected third quarter loss of 47 cents per share.  The company lost 30 cents in last year's third quarter. Revenues increased 159% sequentially to $7 million in the quarter.  The company said its membership grew 45% sequentially to 4.2 million members.

OAK INDUSTRIES (OAK, 31.88)- The maker of engineered components earned 45 cents per share in the third quarter, an increase of 16% from last year, and four cents above analysts' estimates.  Revenues increased 33% to $108.7 million in the quarter.  The company attributed the better than expected results to strong revenue growth in its communications business.

PIXAR ANIMATION STUDIOS (PIXR, 37.88)- The animated filmmaker beat third quarter estimates by 32 cents as it reported record earnings of 63 cents per share.  Revenues climbed to $79.2 million in the quarter. Pixar attributed the better than expected results to strong sales of 'A Bug's Life' merchandise and videos.  The company expects full year earnings of at least 85 cents, analysts were looking for 71 cents.

POWER INTEGRATIONS (POWI, 88.13)- The circuit maker announced a 2 for 1 stock split.  Separately, the company also said third quarter earnings rose 42% to 47 cents per share, 15 cents above expectations.  Revenues increased 48% to $30.1 million in the quarter.

COLUMBIA ENERGY GROUP (CG, 62)- The natural gas company has voted to reject a hostile $74 per share bid from NiSource Inc (NI, 19.94).  The company said it will explore strategic alternatives to enhance shareholder value, including a possible sale or merger.

CV THERAPEUTICS (CVTX, 12.38)- The biotech reported a wider than expected third quarter loss of 50 cents per share.  Analysts were looking for a loss of 48 cents in the quarter.

INTERDENT INC (DENT, 8)- The dental services provider has agreed to be acquired by Leonard Green & Partners LP in a $325 million deal.  Under the terms of the agreement, DENT shareholders will receive $9.50 per share in cash for each share held.

KITTY HAWK INC (KTTY, 8.43)- The provider of air freight services warned that third quarter earnings will fall short of current analysts' expectations.  The company sees $0.12-$0.14 per share, excluding gains, in the quarter, analysts were looking for 21 cents.  The company blamed the lowered expectations on a 1o cents a gallon increase in the cost of jet fuel during the quarter.

MACDERMID INC (MRD, 32.31)- The specialty chemicals maker missed estimates by two cents as it earned 36 cents per share in its second quarter, an increase of 6% from last year.  Revenues rose 42% to $121.6 million in the quarter.  The company said free cash flow per share increased to 53 cents from 39 cents in last year's second quarter.  The company said the weakness of the dollar, and the recent earthquake in Taiwan impacted second quarter earnings by five cents.

OTR EXPRESS INC (OTR, 3)- The trucking company lost 18 cents per share in its third quarter, compared to a profit of 15 cents last year.  Revenues rose 10% to $20.5 million in the quarter.  The company blamed the loss on higher fuel costs and a shortage of drivers, and warned that it expects the problems to continue into the fourth quarter.

PREMIER BANCSHARES INC (PMB, 16.53)- The Atlanta bank missed estimates by five cents as third quarter earnings fell 40% to 15 cents per share.  The company attributed the disappointing results to a fall in mortgage lending volume.

SOUTHERN ENERGY HOMES (SEHI, 2.94)- The manufactured homes seller reported third quarter earnings of five cents per share, a penny below expectations.  Revenues slumped 22% to $63.9 million in the quarter.  The company blamed the poor results on lower demand, increasing competition, and high retail inventories.