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

 SEC FILINGS

BRISTOL HOTELS & RESORTS (BH, 4.94)- The hotel operator missed estimates by a penny, earning 11 cents per share in the third quarter.  Revenues in the quarter were $196.9 million.  Occupancy rates rose to 71.5% from 69.7%, and the average daily price of a room rose to $85.80 from $81.95.  The company blamed the earnings shortfall on "competitive pressures", and higher labor and marketing costs.  The company announced plans to eliminate 150 jobs, and said it expected to meet fourth quarter earnings estimates.

CKE RESTAURANTS (CKR, 7.19)- The restaurant operator warned that third quarter earnings will be $0.05-$0.08 per share, compared to current estimates of $0.19.  The company attributed the shortfall to negative same store sales growth at its Hardees and Carl Jr. chains, Hurricane Floyd, and Y2K related spending.

DATUM INC (DATM, 9)- The company's board has rejected a hostile, $10 per share, $58 million takeover bid from Frequency Electronics (FEI, 9).

DELL COMPUTER CORP (DELL, 43.43)- The PC maker met expectations as third quarter earnings rose 29% to 18 cents per share, excluding charges. Revenues increased 41% to $6.78 billion in the quarter. The company said its results were negatively impacted by an increase in the price of memory chips.  The company said its Internet sales rose to 43% of total revenues, or $35 million in e-commerce revenues a day. The company expects to meet estimates for the fourth quarter, and does not see any Y2K related spending slowdown.

JLM INDUSTRIES (JLMI, 4)- The maker of acetone and other chemicals missed estimates by three cents as third quarter earnings slumped 67% to 7 cents per share.  Revenues increased 1.2% to $84.1 million.  The company blamed higher raw materials costs and lower finished product prices for the earnings decline.

NORDSTROM INC (JWN, 22)- The retailer missed estimates by 3 cents as it earned 28 cents per share, excluding charges, in its third quarter.  Revenues rose 1.4% to $1.1 billion, but same store sales fell 1.9% in the quarter.

NORTH FACE INC (TNFI, 5.06)-   The apparel maker lost 47 cents per share, excluding charges in its third quarter as revenues tumbled 24.2% to $71 million.  Inventories increased to $81.7 million from $58.7 million in last year's third quarter.

CLAIRE'S STORES (CLE, 21)- The apparel retailer met expectations as third quarter earnings rose to 25 cents per share from last year's 21 cents.  Revenues rose $25.5 million to $182.6 million in the quarter.  Same store sales dropped 2%, but the company said it sees a return to positive same store sales growth in the fourth quarter.

FOREST OIL CORP (FST, 11.63)- The oil and gas company met expectations as it earned 10 cents per share in its third quarter.  Revenue in the quarter increased to $93.1 million from last year's $78 million.

FROZEN FOOD EXPRESS (FFEX, 4.75)- The refrigerated trucking company surprised with a loss of seven cents per share in the third quarter.  Analysts were looking for a profit of 18 cents.  Revenues rose to $97.1 million in the quarter from last year's $93.5 million.  The company blamed the earnings shortfall on higher fuel prices, rising interest expenses, an increase in the cost of hiring and training drivers, and higher insurance costs.

GAP INC (GPS, 34)- The retailer beat estimates by a penny as third quarter earnings rose 30% to 35 cents per share.  Revenues jumped 27% to $3 billion in the quarter, but same store sales growth in the quarter slowed to 5% from the prior year's 13%.  The company's Gap stores had negative same store sales growth, while its Old Navy stores experienced "low-teens"  comparable sales growth.

INTERNATIONAL MULTIFOODS (IMC, 20)- The food distributor warned that third quarter earnings will be $0.42-$0.45, compared to the current consensus estimate of 58 cents. The company also said it sees earnings growth of 15%-20% in fiscal 2000, which would put earnings 17-22 cents below current expectations. The company blamed the shortfall on higher than expected distribution costs.

J.C. PENNEY CO (JCP, 25)- The department and drug store retailer announced plans to create a tracking stock for its Eckerd drug store unit.  J.C. Penney, with $31.7 billion in annual sales, is trading at 11.4 times trailing earnings, 0.21 times sales, and below its book value of $26.73.  The stock is down from a 52-week high of $56.13.

U.S. INDUSTRIES (USI, 13)- The diversified manufacturer of plumbing, lighting, and hardware products beat estimates by 13 cents as it earned 62 cents per share in its fourth quarter, an increase from last year's 22 cents.  Revenues in the quarter increased to $916 million from the prior year's $825 million.  The company, with $3.3 billion in annual sales, is trading at 10.4 times trailing earnings, 1.3 times book, 0.4 times sales.  Earnings are projected to grow 12.8% a year over the next 5 years.

AVID TECHNOLOGY (AVID, 12)- The maker of digital video tools announced plans to cut its workforce by 11% as part of a planned restructuring. The company will take a fourth quarter charge of $9-$10 million to cover restructuring costs, and expects the shakeup to produce $20 million in annual cost savings.

FEDERATED DEPARTMENT STORES (FD, 42)- The department store operator beat estimates by 3 cents as third quarter earnings rose 12% to 56 cents per share.  Revenues in the quarter increased to $4.24 billion from the prior year's $3.65 billion.  The company said same store sales rose 3.9% in the quarter.

PMC CAPITAL (PMC, 8)-  The company said third quarter earnings fell 17% to 24 cents a share.  Revenues in the quarter fell to $5.68 million from the prior year's $6 million.

PLANETRX.COM (PLRX, 18.38)- The online pharmacy reported a narrower than expected third quarter loss of 83 cents per share, compared to analysts' expectations of a loss of 97 cents.  Revenues increased 308% sequentially to $3.1 million in the quarter, while gross margins improved to 16% from the second quarter's 11%.

SANGSTAT MEDICAL CORP (SANG, 20.5)- The maker of organ transplant drugs reported a narrower than expected third quarter loss of 38 cents per share, excluding charges.  Analysts were looking for a loss of 43 cents in the quarter.  Revenues increased 3% sequentially to $14.8 million in the quarter.

TELIGENT INC (TGNT, 61.63)- The communications company met expectations as it lost $2.66 per share in the third quarter, an increase from the prior year's loss of $1.49.  Revenues jumped 160% sequentially to $10.3 million.  The company said its customer base increased 110% sequentially to over 7,500 customers.

AXSYS TECHNOLOGIES (AXYS, 9.75)- The optical products maker earned 15 cents per share, excluding a tax reversal gain, in the third quarter.  Analysts were looking for 20 cents.  The company earned 27 cents in last year's third quarter.  Revenues rose 2.4% to $26.88 million in the quarter.  The company said it is continuing to experience slow sales in its Precision Systems Group due to ongoing weakness in the data storage industry.

BOB EVANS FARMS (BOBE, 13.56)- The restaurant operator announced plans to buyback 7.8% of its outstanding shares.

CAIS INTERNET INC (CAIS, 14.5)- The provider of broadband Internet access services reported a much wider than expected third quarter loss of 59 cents per share, excluding charges.  Analysts were looking for a loss of 38 cents.  Revenues increased 48% sequentially to $2.7 million in the quarter.

CHARTER COMMUNICATIONS (CHTR, 19)- The cable TV company's shares were priced at the top end of their range at $19.  Trading in the shares begins today on NASDAQ.

DOLLAR GENERAL CORP (DG, 25.25)- The discount retailer met expectations as earnings rose 26.1% to 19 cents per share in the third quarter.  Revenues increased 21.6% to $950 million, and same store sales rose 7.4%.  The company said gross margin increased to 29.24% from 28.76%.

DONNA KARAN INTERNATIONAL (DK, 8.13)- The apparel maker beat estimates by two cents as earnings rose 18% to 46 cents per share, excluding gains, in the third quarter.

FREMONT GENERAL CORP (FMT, 8.56)- The provider of workers compensation insurance reported a wider than expected third quarter loss of $1.30 per share, compared to last year's profit of 53 cents.  Analysts were looking for a loss of 90 cents in the quarter.  Revenues in the quarter increased to $349 million from the prior year's $250 million.  The company warned that it expects fourth quarter results to be breakeven.

JACK IN THE BOX INC (JBX, 20.5)- The fast food restaurant operator beat estimates by 4 cents as it earned 47 cents in the fourth quarter, an increase of 51.6% from the prior year.  Revenues increased 32% to $361.1 million in the quarter, and same restaurant sales rose by 9.3%.  Operating margins increased to 21.1% from 18.6% in last year's fourth quarter.

NATIONSRENT INC (NRI, 6.25)- The equipment rental company met expectations as third quarter earnings rose 21.4% to 17 cents per share. Revenues increased 127% to $154.9 million in the quarter.

OAKWOOD HOMES CORP (OAK, 3.68)- The manufactured homebuilder reported a wider than expected fourth quarter loss of 56 cents per share, excluding charges, compared to analysts' expectations of a loss of 55 cents.  Revenues slumped to $362.2 million from $522.5 million in last year's fourth quarter.  The company's gross profit margin declined to 23.7% from 29.7% in the prior year.

OFFICEMAX (OMX, 6.38)- The office supply retailer met expectations as it earned 14 cents per share, excluding charges, in the fourth quarter.  Revenues increased 13% to $1.3 billion.  The company said same store sales rose 1% in the quarter, but fell 26% in its Computer Business Segment.

TOYMAX INTERNATIONAL (TMAX, 9.94)- The toymaker earned 38 cents per share in its second quarter, a penny above expectations, and two cents above last year.  Revenues increased 15% to $47.4 million in the quarter.  Separately, the company announced that it has agreed to acquire the Funnoodle line of backyard pools and water toys from Kid Power.

AUTOCAM CORP (ACAM, 13)- The auto parts maker earned 23 cents per share in its fiscal first quarter, missing estimates by six cents.  The company also said it has agreed to be purchased for $18.75 per share by an investment group.

COMPLETE BUSINESS SOLUTIONS (CBSI, 14)- The provider of technology consulting services missed estimates by a penny as third quarter earnings fell 8.3% to 22 cents per share.  Revenues rose 20.8% to $119.2 million in the quarter.  The company attributed the lower earnings to a Y2K related revenue slowdown and warned it expects the problems to continue into the fourth quarter, resulting in Q4 earnings of $0.11-$0.13 per share.  Analysts were looking for the company to earn 23 cents in the fourth quarter.

ENRON CORP (ENE, 38)- The energy company will sell its Portland General Electric subsidiary to utility holding company Sierra Pacific Resources (SRP, 22) in a deal valued at $2.1 billion.

GENESEE & WYOMING INDUSTRIES (GNWR, 13.75)- The railroad operated missed estimates by 10 cents as it earned 57 cents per share (excluding a tax benefit gain of 96 cents) in its third quarter.  Revenues increased 29.8% to $45.1 million in the quarter.

MEREDITH CORP (MDP, 35.13)- The publisher of Better Homes and Gardens received a favorable mention in this weekend's Barron's, and was given a price target of $50 a share.

MICROSOFT CORP (MSFT, 91.56)- The shares are down 10% in European trading following Friday's adverse anti-trust ruling.