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

 SEC FILINGS

LEGGETT & PLATT (LEG, 20.13)- The company will be added to the S&P 500.

RAILTEX INC (RTEX, 15.63)- The railroad operator has agreed to be acquired by RailAmerica (RAIL, 9.75) for $322 million.  Railtex shareholders will receive $13.50 in cash plus 0.333 shares of RailAmerica for each Railtex share held..

SUN MICROSYSTEMS (SUNW, 89.41)- The computer workstation maker beat estimates by 2 cents as earnings rose 39% to 33 cents per share in its fiscal first quarter.  Revenues increased 25% to $3.12 billion in the quarter.  The company said it expects second quarter revenue growth to be above 20%.  The shares rose 20% in European trading on the news.

APPLE COMPUTER (AAPL, 64.03)- The computer maker beat lowered estimates by 6 cents as it earned 51 cents per share in its fourth quarter, a decline from last year's 68 cents.  Revenues fell 14% from last year's fourth quarter to $1.34 billion.  The company said that it expects strong sales of its products in the first quarter, but said gross profit margins would experience a sequential decline. The shares climbed 3 1/2 in after hours trading on the news.

CORNING (GLW, 67.75)- The fiber optics supplier beat estimates by a penny as third quarter earnings increased 22% to 54 cents per share.  Revenues increased 25% to $1.1 billion in the quarter.

ELECTRONICS FOR IMAGING (EFII, 53.94)- The maker of products for network printing beat estimates by six cents as third quarter earnings increased 21% to 51 cents per share.  Revenues increased 22%, and 12% sequentially, to $141 million in the quarter.

R.G. BARRY CORP (RGB, 5.88)- The shoemaker warned that third quarter and full year revenues and earnings will fall short of current analysts' estimates.   The company sees third quarter earnings falling to 15 cents per share from last year's 61 cents, and sees breakeven full year earnings.  The company blamed the reduced outlook on a production shortfall.

REDBACK NETWORKS (RBAK, 135.06)- The networking company reported a narrower than expected third quarter loss of two cents per share, compared to expectations of a loss of seven cents.  Revenues increased 602%, and 86% sequentially, to $20.6 million.  In two separate press releases, the company said that its CFO had resigned, and announced that lock-up restrictions on 12 million of the company's shares (about 31% of the total outstanding shares) would be removed on, or after, October 18th. The shares tumbled 11 points in after hours trading.

ALPHA INDUSTRIES (AHAA, 56.25)- The maker of wireless semiconductors beat estimates by a penny, earning 26 cents per share in its third quarter, an increase of 80% from the prior year.  Revenues increased 41% to $29.6 million in the quarter.  The company said its book-to-bill ratio in its wireless semiconductor business was 1.11 in the quarter.

BOB EVANS FARMS (BOBE, 19.09)- The restaurant operator warned that lower than expected revenues will cause second quarter earnings to fall short of expectations.  The company sees earnings of $0.36-$0.39 per share, analysts were looking for 42 cents.

EMULEX CORP (EMLX, 105)- The company announced a 2 for 1 stock split.

FSI INTERNATIONAL (FSII, 9.88)- The company reported a wider than expected fourth quarter loss of 41 cents per share.  Analysts were looking for a loss of 28 cents.  Revenues in the quarter increased to $32.7 million from last year's $27.7 million.

INTEL CORP (INTC, 76.68)- The chipmaker disappointed as it earned 55 cents per share in its third quarter, two cents below expectations.  Revenues rose 9% to $7.3 billion, but a drop in chip prices caused gross margins to fall to 58.7% from 59.4%.  The shares fell 6 points in after hours trading on the news.

MOTOROLA INC (MOT, 94.94)- The communications equipment maker met expectations as it earned 53 cents per share in its third quarter.  Revenues in the quarter increased to $7.7 billion from last year's $7.2 billion.  The company said sales in its communications division increased 37% in the quarter, led by strong growth in cell phones.  The company said it may have to take further charges in the fourth quarter to cover its exposure to the bankrupt Iridium.  The shares fell 4 points in after hours trading on the news.

NORTHEAST UTILITIES (NU, 21.25)- The utility company has reportedly agreed to be acquired by Consolidated Edison (ED, 36.43) for $25 a share in a deal worth $6.8 billion, according to the New York Times.

SEAGATE TECHNOLOGY (SEG, 31.38)- The disk drive maker surprised by reporting a fiscal first quarter profit of once cent per share, excluding charges and gains.  Analysts were looking for a loss of four cents in the quarter.  Revenues increased by $129 million to $1.682 billion in the quarter.

TRICON GLOBAL RESTAURANTS (YUM, 41.81)- The restaurant operator's third quarter earnings increased 21% to 70 cents per share, topping estimates by a penny.  System wide sales increased 4% to $5.09 billion.

CALPINE CORP (CPN, 43.5)- The provider of electricity and thermal energy said it expects third quarter earnings to exceed estimates.  the company sees earnings of $0.70-$0.72 in the quarter, analysts were looking for 57 cents.

COMPUTER TASK GROUP (TSK, 15.31)- The info tech services company's third quarter earnings fell to 21 cents per share from the prior year's 37 cents.  The results beat analysts' estimates by 2 cents.  Revenues declined $1.7 million to $114.5 million in the quarter.  The company blamed the earnings decline on a slowdown in the IT industry, and said it sees conditions persisting into the fourth quarter.

DIGITAL LINK CORP (DLNK, 9.97)- The maker of network access equipment beat estimates by 10 cents as it earned 18 cents per share, excluding charges and gains, in its third quarter.  Revenues rose 24% to $16.4 million in the quarter.

GARDNER DENVER INC (GDI, 14.25)- The maker of compressors warned that third quarter earnings will be 24 to 28 cents per share, compared to current analysts' estimates of 42 cents.  The company blamed the shortfall on lower than expected orders and revenues.

HARLEY DAVIDSON INC (HDI, 56.56)- The motorcycle maker beat estimates by a penny as third quarter earnings rose 25% to 42 cents per share.  Revenues increased 20.5% to $623.2 million in the quarter.  Gross margin in the quarter dipped to 32.8% from the prior year's 33.1%.  The company said it has increased its 1999 motorcycle production target to 175,000 due to strong demand.

NOVELLUS SYSTEMS (NVLS, 72.47)- The semiconductor equipment company's third quarter earnings rose 145% to 54 cents per share, beating estimates by 9 cents.  Revenues rose 45%, and 18% sequentially, to $154.9 million in the quarter.

RITE AID CORP (RAD, 10)- The drug store operator reported a preliminary loss of 26 cents per share in its second quarter.  The consensus analyst estimate was for a profit of 26 cents.  Revenues rose 16.6% to $3.51 billion in the quarter.  The company said it is planning to restate its earnings for prior years.

AUTHENTIC FITNESS CORP (ASM, 17.56)- The apparel maker has received a $20.50 per share bid from The Warnaco Group (WAC, 17.43).  The offer, made on Sunday night, values Authentic Fitness at $472 million.

BELL INDUSTRIES (BI, 4.88)- The provider of computer technology solutions rejected an unsolicited $5.30 per share offer by Steel Partners 11 L.P., calling the offer "inadequate".  The company said it remains open to being acquired if the offer price is raised.

CLARKE BARDES HOLDINGS (CLKB, 17.68)- The benefit consulting firm warned that a delay in closing "a few major cases" will cause third quarter earnings to fall below current analysts' expectations.  The company sees revenues of $25 million and earnings of 8 to 10 cents per share in the quarter.  Analysts were looking for 15 cents.

CRITICAL PATH (CPTH, 38.31)- The provider of Internet e-mail services said co-founder and Chief Technology Officer Wayne Correia resigned to pursue other interests. 

EXODUS COMMUNICATIONS (EXDS, 70.68)- The web server hosting company was the subject of a negative article in this weekend's Barron's.  The article said the company faces increasing competitive pressures in its main business.

FORD MOTOR CO (F, 52.13)- The auto maker reached agreement with the UAW on a new labor contract Saturday afternoon.

I2 TECHNOLOGIES (ITWO, 48.94)- The provider of e-business solutions beat estimates by 2 cents as it reported third quarter earnings of 12 cents per share, excluding charges, a 289% increase from the prior year.  Revenues rose 53% to $146.3 million in the quarter.

KOALA CORP (KARE, 32.75)- The company announced a 2 for 1 stock split, payable to shareholders of record as of October 18th.

POPULAR INC (BPOP, 28.56)- The bank holding company reported third quarter earnings of 46 cents per share, an increase of 12.2% from the prior year's quarter.  Net interest income increased 11% during the quarter, but net interest margin fell to 4.23% from 4.45%.