AG-CHEM EQUIPMENT CO (AGCH, 10)- The agricultural equipment maker reported a third quarter loss of 32 cents per share, compared to last year's gain of 5 cents.  Revenues fell 14% to $56.5 million in the quarter.  The company attributed the poor showing, in part, to higher costs, lower margins, and costs associated with the rollout of a new version of its agricultural data software.

BIO-TECHNOLOGY GENERAL (BTGC, 14.56)- The biotech warned that full year 1999 earnings will be $0.25-$0.28, significantly below current analysts' estimates of 40 cents.  The company attributed the lowered expectations to an inventory reduction by one of its distributors.

CELLSTAR CORP (CLST, 11.5)- The wireless products distributor warned that fourth quarter earnings will fall short of expectations.  The company now sees earnings of $0.20-$0.23 in the quarter, analysts were looking for 34 cents.  The company attributed the shortfall to a worldwide shortage of wireless phones.

DAY RUNNER INC (DAYR, 5)- The maker of organizers and planners arned that second quarter revenues and earnings will fall short of expectations due to "inventory tightening" by a major customer.  The company now sees revenues of $56-$58 million in the quarter and expects to report a loss of 14 to 24 cents per share.  Analysts were looking for a profit of 21 cents in the quarter.

MERISEL INC (MSEL, 1.31)- The computer distributor warned that it expects to report a fourth quarter loss of $0.15-$0.20, excluding charges.  Analysts were looking for a loss of 10 cents in the quarter.  The company also said it will take a charge of $5-$10 million in the quarter to cover the costs of a planned restructuring.  Merisel said it will eliminate 400 jobs as part of the restructuring, and expects the move to yield annual savings of $25 million.

COPART (CPRT, 41)- The company announced a 2 for 1 stock split .

GLOBAL IMAGING SYSTEMS (GISX, 11.38)- The provider of office imaging equipment warned that third quarter earnings will fall short of expectations due to a Y2K related revenue shortfall and rising interest rates.  The company now sees earnings of $0.18-$0.20 per share in the quarter.  Analysts were looking for the company to earn 26 cents.

PAPA JOHN'S INTERNATIONAL (PZZA, 23.06)- The pizza restaurant operator said same store sales rose 4.7% in the latest four weeks, and 1.8% in the fourth quarter.

PLASMA-THERM INC (PTIS, 12.13)- The maker of plasma processing equipment released preliminary 1999 results.  The company expects revenues of $40.6 million and a loss of 7 cents per share.  Analysts were looking for a loss of 4 cents per share.

TAIWAN SEMICONDUCTOR (TSM, 43)- The semiconductor maker is reportedly in talks to merge with 30% owned TSMC-Acer Semicon.

CATAPULT COMMUNICATIONS (CATT, 9.34)- The maker of telecom test systems said it will buyback 2 million of its shares, or 15.7% of its outstanding shares.

COAST DENTAL SERVICES (CDEN, 3.13)- The operator of dental centers warned that fourth quarter revenues and earnings will not meet current analysts' expectations.  The company sees revenues of $15.0-$15.4 million in the quarter and a loss of ($0.03)-($0.05).  Analysts were looking for a profit of nine cents.  The company blamed the shortfall on higher costs at its Dental Centers and a revenue shortfall.

CONSOLIDATED STORES (CNS, 14.25)- The toy store operator was the subject of a favorable article in this weekend's Barron's.  An analyst said he sees a spinoff of the company's KBkids.com unit next year, and gives CNS shares a price target of $30-$35.

FLOWSERVE CORP (FLS, 16.06)- The maker of engineered pumps announced a restructuring and said it plans to take an unspecified fourth quarter charge to cover costs related to a planned 9% downsizing of its work force.  

LUXTEC CORP (LXU, 1.88)- The maker of surgical headlights and lighted instruments reported a fourth quarter loss of 22 cents per share, compared to last year's profit of $0.04.  Revenues in the quarter declined to $3.1 million from last year's $3.43 million.  The company attributed the lower results to competitive price-cutting and a restructuring.