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

 SEC FILINGS

DSL.NET INC (DSLN, 1)- The provider of DSL services said it will cut its workforce by 28% in an effort to loser costs.  The company expects the move to result in $8 million in annual cost savings.

MICRON ELECTRONICS (MUEI, 5.31)- The PC maker warned that its fiscal first quarter earnings will fall short of expectations.  The company now sees earnings of $0.01-$0.04 per share, compared to analysts' expectations of 11 cents.  The company attributed the shortfall to lower DRAM memory prices and slow holiday season consumer PC demand.

NETZEE INC (NETZ, 1.06)- The maker of Internet banking products warned that it will report a wider than expected fourth quarter loss of 17 cents per share.  Analysts were looking for a loss of 11 cents.  The company attributed the shortfall to lower than expected sales due to "unanticipated market developments".  The company also said it will require additional financing.

ALLOY ONLINE (ALOY, 7)- The teen web site operator and apparel direct marketer beat estimates by a penny as its third quarter loss narrowed to 30 cents per share from last year's 34 cents.  Revenues in the quarter jumped 187%, and 128% sequentially, to $28.1 million.  The company upped its fourth quarter forecast to two cents per share, and said it expects next year's full year results to be in the black.  Analysts were looking for fourth quarter earnings of one cent and a loss of eight cents next year.

AMERICAN EAGLE OUTFITTERS (AEOS, 40.73)- The apparel maker and retailer said its November same store sales jumped 13.4%.  November total sales rose 33.7% to $112.1 million.  The shares are down 0.05 in pre-open trade on the news.

BJ'S WHOLESALE CLUB (BJS, 35.13)- The operator of membership warehouses said November same store sales rose 3.9%.  November total sales increased 13% to $406.54 million.

BROCADE COMMUNICATIONS (BRCD, 153.75)- The maker of storage area networking products beat estimates by two cents as its fourth quarter earnings jumped to 22 cents per share from last year's three cents.  Revenues in the quarter rose 339% to $132.1 million.  Separately, the company announced a 2 for 1 stock split.  The shares are down 0.75 in pre-open trade on the news.

GATEWAY INC (GTW, 29.50)- The PC maker warned that fourth quarter and 2001 results will fall short of expectations.  The company now sees flat revenues of $2.55 billion and earnings of 37 cents per share.  Analysts were looking for fourth quarter revenues of $3 billion and earnings of 62 cents.  The company lowered its 2001 forecast to $1.89 per share, compared to analysts' estimates of $2.28.  The company attributed the shortfall to a sharp slowdown in consumer PC demand.  The shares have tumbled 9.50 to 20 in pre-open trade on the news.

G-III APPAREL GROUP LTD (GIII, 6.75)- The outerwear apparel maker said its third quarter earnings rose 29.7% to $1.31 per share.  Revenues in the quarter increased 18% to $88 million.

HANCOCK FABRICS INC (HKF, 4)- The fabric store operator said November same store sales fell 1%.  November total sales slipped 2% to $34.7 million.

KOHL'S CORP (KSS, 52.25)- The retailer said November same store sales rose 11.2%.  November total sales jumped 30.9% to $675.4 million.

MET LIFE INC (MET, 27.88)- The insurer will join the S&P 500 Index on an as yet undetermined date.  The shares are up 2.93 in pre-open trading on the news.

TJX COMPANIES (TJX, 24.75)- The off-price retailer said November same store sales rose 2%.  November total sales increased 9% to $892 million.

CHICOS FAS INC (CHCS, 29)- The women's apparel retailer beat estimates by three cents as its third quarter earnings jumped 87% to 43 cents per share.  Revenues in the quarter rose 72.4% to $69 million.

ENERGIZER HOLDINGS INC (ENR, 22)- The battery maker warned that first quarter earnings will fall short of expectations.  The company now sees earnings of $0.50-$0.60 per share, compared to analysts' expectations of 84 cents.

PHOTOWORKS INC (FOTO, 2)- The Internet based provider of photo services missed estimates by 16 cents as its fourth quarter loss widened to 46 cents per share from last year's loss of 15 cents.  Revenues in the quarter fell to $22.91 million from last year's $26 million, and gross margins tumbled to 22.7% from last year's 38.1%.  The company's cash and investments position fell to $2.65 million from $19.51 million last year.

REX STORES CORP (RSC, 15.88)- The consumer electronics retailer beat estimates by seven cents as its third quarter earnings rose 63% to 44 cents per share.  Revenues in the quarter increased 3% to $105.1 million.

SMITHFIELD FOODS (SFD, 26.88)- The meat products maker beat estimates by four cents as its second quarter earnings jumped 68.8% to 81 cents per share.  Revenues in the quarter increased 16% to $1.4 billion.  The company attributed the profit jump to higher hog prices.

BASSETT FURNITURE INDUSTRIES (BSET, 12.63)- The furniture maker warned that fourth quarter earnings will fall short of expectations.  The company now sees earnings of $0.32-$0.36 per share, compared to analysts' expectations of 42 cents.  The company attributed the shortfall to slowing housing starts, higher interest rates, and rising oil prices.  The company also said it will cut 280 jobs as part of a cost savings measure.

CALPINE CORP (CPN, 38.25)- The power company will join the S&P 500 Index after the close of trading on Thursday.

COGNEX CORP (CGNX, 26.19)- The maker of machine vision systems warned that fourth quarter earnings will fall short of expectations.  The company now sees revenues of $65 million and earnings of 36 cents per share, compared to analysts' expectations of 42 cents.  The company attributed the lowered forecast to a slowdown in new orders.

OSHMANS SPORTING GOODS (OSH, 9.06)- The sporting goods retailer said its third quarter loss narrowed to 34 cents per share from last year's loss of 62 cents.  Revenues in the quarter rose 10.7% to $72.1 million, and same store sales jumped 11%.

PETSMART INC (PETM, 2.81)- The pet store operator missed estimates by five cents as its third quarter loss narrowed to five cents per share from last year's loss of 29 cents.  Revenues in the quarter rose 5.8% to $541.3 million, and North American same store sales rose 1.3%.

HUDSON RIVER BANCORP INC (HRBT, 13.43)- The New York bank has agreed to acquire Cohoes Bancorp Inc (COHB, 17.13) for $19.50 per share in an all-cash deal valued at $158 million.  The company said it expects the deal to be 17% accretive to earnings.
COHB
HRBT

SONICPORT.COM INC (SPO, 1)- The application service provider said its second quarter loss narrowed to four cents per share from last year's loss of 12 cents.  Revenues in the quarter rose 34% sequentially to $306,752.

WAL-MART STORES INC (WMT, 45.19)- The retailer said its "Black Friday" sales exceeded $1.1 billion.  The company said it remains comfortable with fourth quarter same store sales growth of 3%-5%.

XO COMMUNICATIONS (XOXO, 16.94)- The telecom was the subject of a favorable cover story in this weekend's Barron's.  A fund manager values the stock at $35 per share.

YAHOO INC (YHOO, 40.88)- The Internet portal site said Black Friday transaction volumes on its Yahoo Shopping site were expected to double from last year's level.