MASTERING
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ORIGINAL, INTERACTIVE SEMINAR ON TRADING USING
TECHNICAL ANALYSIS 

 SEC FILINGS

AMPHENOL CORP (APH, 35.50)- The maker of electronic connectors and cables warned that first quarter earnings will fall short of expectations.  The company now sees earnings of $0.66-$0.68 per share, compared to analysts' estimates of 70 cents.  The company sees full year 2001 revenues flat with last year's $1.36 billion.

GAP INC (GPS, 26.07)- The apparel retailer beat lowered expectations by a penny as its fourth quarter earnings fell 34% to 31 cents per share.  Revenues in the quarter increased 19% to $4.6 billion, but same store sales declined 5%.  The company said February same store sales are down over 10%, and warned that it sees first quarter earnings of $0.10-$0.15 per share.  Analysts were looking for the company to earn 20 cents.  The shares are down 4.05 in pre-open trading on the news.

LATTICE SEMICONDUCTOR (LSCC, 20)- The chipmaker warned that second quarter earnings will fall 20% sequentially from the first quarter's levels due to slowing sales of programmable logic devices.

ORACLE CORP (ORCL, 21.38)- The software maker warned that third quarter earnings will fall short of expectations.  The company reported preliminary results of 10 cents per share.  Analysts were looking for the company to earn 12 cents.  Preliminary results show gross margins in the quarter rising to 33% from last year's 31%.  The company blamed the earnings shortfall on slowing U.S. economic growth.  The shares are down 5.38 in pre-open trading on the news.

SAPIENT CORP (SAPE, 13)- The provider of technology consulting services said it will cut its workforce by 20%, or 720 jobs in a cost cutting move.  The company also warned that first quarter results will fall short of expectations.  The company now sees revenues of approximately $110 million compared to analysts' expectations of $136 million, and expects to report a loss of ($0.03)-($0.05) per share.  Analysts were looking for a profit of 10 cents.

SBC COMMUNICATIONS (SBC, 45.50)- The telecom warned that first quarter earnings will fall short of expectations.  The company now sees earnings of $0.50-$0.53 per share, compared to analysts' estimates of 59 cents.  The shares are down 2.50 in pre-open trading on the news.

CIRCUIT CITY (CC, 15.17)- The electronics retailer retailer warned that fourth quarter earnings will fall short of expectations due to slowing sales.  The company now sees earnings of 44 cents per share, compared to analysts' expectations of 46 cents.  The company also said it will eliminate 300 jobs [see Layoff Rundown for a complete daily listing of recent corporate layoffs]

FOOTSTAR INC (FTS, 44.03)- The footwear retailer said February same store sales rose 2.5%.  February total sales increased 31% to $172.3 million.

INGRAM MICRO INC (IM, 13.80)- The technology products wholesaler beat estimates by a penny as its fourth quarter earnings fell to 39 cents per share from last year's 51 cents.  Revenues in the quarter rose 3% to $8.07 billion.  The company warned that first quarter results will fall short of expectations due to a slowdown in U.S. technology spending.  The company now sees revenues of $7.3-$7.6 billion, and earnings of $0.15-$0.18 per share in the quarter.  Analysts were looking for the company to earn 31 cents.

JC PENNEY CO (JCP, 16.18)- The department store operator said February same store sales fell 2.1%.  February total sales slipped 0.8% to $2.314 billion.

LANDRYS SEAFOOD RESTAURANTS (LNY, 11.71)- The seafood restaurant operator beat estimates by three cents as its fourth quarter earnings, excluding charges, rose 33% to eight cents per share.  Revenues in the quarter increased 46.4% to $142.9 million, but same restaurant sales fell 2%.

STARWOOD HOTELS & RESORTS (HOT, 34.90)- The hotel operator warned that first quarter earnings will fall short of expectations.  The company now sees earnings of 30 cents per share, compared to analysts' estimates of 31 cents.

TIFFANY & CO (TIF, 31.11)- The luxury goods retailer met expectations as it reported flat fourth quarter earnings of 56 cents per share.  Revenues in the quarter inched up 2% to $576.4 million.  The company said its fourth quarter results were effected by "cautious customer spending".

BAXTER INTERNATIONAL (BAX, 91.03)- The medical products maker announced a 2 for 1 stock split.

CINTAS CORP (CTAS, 42.75)- The provider of uniforms warned that full year results will fall short of expectations due to "a slowing economy".  The company now sees revenues of $2.15-$2.18 billion, and earnings of  $1.30-$1.32 per share, compared to previous estimates of revenues of $2.17-$2.2 billion and earnings of $1.33-$1.35.  Separately, the company will join the S&P 500 Index after today's close.

COOPER COMPANIES (COO, 38.30)- The maker of specialty healthcare products beat estimates by a penny as its fiscal first quarter earnings rose 26% to 43 cents per share.  Revenues in the quarter rose 21% to $48.9 million.

H&R BLOCK INC (HRB, 45.45)- The provider of income tax return services beat estimates by 26 cents as it reported a third quarter profit of six cents per share, compared to last year's loss of seven cents.  Revenues in the quarter increased 29% to $661.4 million.

KENNETH COLE PRODUCTIONS (KCP, 31.25)- The maker of footwear and handbags met expectations as its fourth quarter earnings rose 33% to 52 cents per share.  Revenues in the quarter increased 17.4% to $110 million.  The company warned that it sees full year 2001 earnings of $1.85 per share, compared to analysts' estimates of $2.17.  The company attributed the lowered forecast to a "difficult retail environment".  The company also announced a 2 million share buyback.

MSC.SOFTWARE CORP (MNS, 9.12)- The software maker missed estimates by two cents as its fourth quarter earnings fell to 34 cents per share from last year's 38 cents.  Revenues in the quarter rose 13% to $52.2 million.

DAVITA INC (DVA, 16.70)- The provider of dialysis services beat estimates by a penny as its fourth quarter earnings rose 350% to 18 cents per share.  The company reported fourth quarter revenue of $372.7 million.

DRESS BARN INC (DBRN, 25.88)- The women's apparel retailer said February same store sales fell 4%.  February total sales slipped 1% to $37 million.

ETOYS INC (ETYS, 0.09)- The beleaguered online toy retailer said it will file for Chapter 11 bankruptcy protection within the next five to 10 days.  The company said its common stock has "no value", and listed $274 million in outstanding liabilities.  The company plans to shut down its online toy store on March 8th.  Trading in the shares was halted 11 minutes before yesterday's close.

FRONTIER AIRLINES INC (FRNT, 36.06)- The airline warned that fourth quarter earnings will fall short of expectations.  The company now sees earnings of $0.38-$0.48 per share, compared to analysts' estimates of 59 cents.

HARRIS CORP (HRS, 26.05)- The maker of telecom equipment warned that fiscal 2001 earnings will fall short of expectations.  The company now sees 2001 earnings of $1.10-$1.15 per share.  Analysts were looking for the company to earn $1.35.  The company attributed the shortfall to slower DSL infrastructure spending by telecoms.

IONICS INC (ION, 26.70)- The maker of water purification systems missed estimates by seven cents as its fourth quarter earnings fell 61.5% to 10 cents per share.  Revenues in the quarter rose 47.4% to $146.8 million.

NIKE INC (NKE, 49.08)- The athletic shoe maker warned that third quarter earnings will fall short of expectations.  The company now sees earnings of $0.34-$0.38 per share, compared to analysts' estimates of 53 cents.  The company attributed the shortfall to weak U.S. footwear sales.

SAWTEK INC (SAWS, 17.13)- The maker of electronic signal processing components used in wireless products warned that second quarter results will fall short of expectations due to slower wireless products spending.  The company now sees revenues of $29-$31 million and earnings of $0.22-$0.24 per share.  Analysts were looking for the company to earn 29 cents.  The shares fell 2.69 in after hours trading on the news.

TOLL BROTHERS INC (TOL, 34.53)- The homebuilder beat estimates by 18 cents as its fiscal first quarter earnings jumped 65.6% to $1.01 per share.  Revenues in the quarter rose 38% to $475.3 million, and backlog increased 27% to a record $1.42 billion.  The company said it expects full year results to exceed the current consensus analyst estimate of $4.52 per share.

AON CORP (AOC, 33.14)- The insurer has agreed to acquire human resources consulting firm ASI Solutions Inc (ASIS, 12.25) in an all-stock deal.  Under the terms of the deal, ASIS shareholders will receive 0.425 shares of AOC for each share held, valuing each ASIS share at $14.10, a 15% premium to Friday's close
AOC
ASIS

CB RICHARD ELLIS SERVICES (CBG,  13.90)- The real estate services company has agreed to be acquired by privately held investment group BLUM CB Corp for $16 per share in cash in a buyout deal valued at $750 million.

HOOPER HOLMES INC (HH, 9.30)- The provider of health information services met expectations as its fourth quarter earnings fell 30% to seven cents per share.  Revenues in the quarter slumped 20.5% to $60.3 million.

K2 INC (KTO, 9.29)- The sporting goods maker missed estimates by seven cents as its fourth quarter earnings slid to 14 cents per share from last year's 29 cents.  Revenues in the quarter fell 10.7% to $157.9 million.  The company warned that it sees full year 2001 earnings of $1.05-$1.15, compared to analysts' estimates of $1.21.

LOWE'S COMPANIES (LOW, 54.58)- The home improvement retailer missed estimates by two cents as its fourth quarter earnings slipped to 37 cents per share from last year's 39 cents.  Revenues in the quarter rose 19.9% to $4.5 billion, but same store sales fell 3%.  The company said it sees first quarter earnings of $0.56-$0.58 per share, compared to analysts' expectations of 49 cents.

MICROSOFT CORP (MSFT, 56.75)- The software maker's shares were the subject of a favorable cover story in this weekend's Barron's.  An analyst sees the stock hitting $70-$80.

REVLON INC (REV, 4.58)- The cosmetics maker said its fourth quarter loss narrowed to 94 cents per share from last year's loss of $3.29.  Revenues in the quarter fell 22.5% to $321.1 million, but revenues from ongoing operations were essentially flat.

TEXAS INSTRUMENTS (TXN, 30.15)- The chipmaker warned that first quarter revenues will fall short of previous guidance.  The company now sees revenues falling 20% sequentially, compared to previous estimates of a 10% sequential decline.  The company attributed the lowered forecast to weakening economic conditions.