Pre-Market Stock Notes (FEB 23, 2007)

(ALU) Alcatel-Lucent rose 2% overseas after winning patent case against MSFT for MP3 patents; plans to go after other suppliers as well.
(BEAS) BEA Systems fell 3.5% after beating EPS targets but gave soft guidance.
(DCX) Chrysler may have private equity groups interested in it.
(EMU) Energy Metals Corp noted as a great speculative Uranium play by Cramer on MAD MONEY.
(GAS) Nicor $1.29 EPS vs $1.00e; unsure if comparable because lower than last year.
(GLGC) Gene Logic posts loss and seeks alternatives for genomics unit.
(HLTH) Emdeon
(HRB) H&R Block posted a net loss after mortgage operations.
(HTV) Hearst Argyle TV $0.46 EPS vs $0.42e.
(IBM) IBM was noted as a SELL according to Cramer based on CEO Palmisano being noted as one that needs to go.
(IMH) Impac Mortgage posted a loss for the quarter.
(INTU) Intuit beat earnings $0.45 vs $0.42e; but lowered full year guidance.
(LOW) Lowe’s $0.40 EPS vs $0.37e.
(LYG) Lloyds TSB traded down 3% after earnings overseas.
(MNI) McClatchy January ad revenues were down 5.8%.
(MSFT) Microsoft ordered to pay $1.5 Billion to Lucent-Alcatel in MP3 patent case.
(MT) Arcelor-Mittal to develop iron ore mining in Senegal.
(NVS) Novartis gets EU backing for its pandemic flu vaccine mock-up.
(PFE) Pfizer reported that 17 countries OK Celebrex for ankylosing spondylitis.
(TKLC) Tekelec traded up 2% after lowered guidance, but 3 downgrades this morning may take that away.
(VRGY) Verigy rose 17% after beating earnings expectations.
(YUM) YUM’s has a Taco Bell unit that is rat infested in NYC in Greenwich Village being shown with rats running wild around the store live.

Jon C. Ogg
February 23, 2007