StreetInsider.com Pre-Open Movers 10/05

October 5, 2007 9:27 AM EDT

StreetInsider.com Pre-Open Movers:

Natural Health Trends Corp. (Nasdaq: BHIP) 30% HIGHER; announced the successful completion of a conference held in Beijing that was hosted by its Chinese subsidiary, NHT Global Commodities Co. The Beijing conference was attended by an estimated 50 guests of government officials, trade organizations and media representatives from news agency, television, press and on-line media.

SupportSoft (Nasdaq: SPRT) 17.7% LOWER; Sees Q3 revenue of $11.1 million - $11.3 million, compared to the Company\'s prior forecast of $12 million - $13 million. Sees Q3 Non-GAAP net loss of ($0.08) - ($0.10) per share, compared to the Company\'s prior forecast of ($0.09) - ($0.11).

Cardica Inc. (Nasdaq: CRDC) 10.6% HIGHER; No news

Oxigene Inc. (Nasdaq: OXGN) 7% HIGHER; Positive Interim Results from Phase Ib ZYBRESTAT(TM) - Bevacizumab Combination Study in Advanced Solid Tumors

Tellabs (Nasdaq: TLAB) 6.8% LOWER; sees third quarter revenue of $452 million to $460 million, primarily due to lower-than-expected revenue from wireless service providers in North America. The Wall Street consensus is $501.6 million. Non-GAAP earnings per share, assuming dilution, are expected to range from 2 cents to 3 cents per share. The Wall Street consensus 6 cents.

General Steel Holdings, Inc. (AMEX: GSI) 13% HIGHER; continued momentum from yesterday\'s 62% move. The stock recently moved from the OTCBB to the AMEX.

Starent Networks, Corp. (Nasdaq: STAR) 6% HIGHER; Cramer highlights on Mad Money

Lawson Software, Inc. (Nasdaq: LWSN) 5% LOWER; reports Q1 EPS of $0.07, ex-items, versus the consensus of $0.05. Revenues came in at $187.4 million versus the consensus of $186.09 million. Sees Q2 profit of $0.06-$0.08 versus the consensus of $0.08.

Sealy Corp. (NYSE: ZZ) 5% LOWER; reports Q2 EPS of $0.22, versus the consensus of $0.32 (may not compare) Revenues came in $446.4 million versus the consensus of $444.44 million.

Nabors Industries Ltd. (NYSE: NBR) 3.4% HIGHER; expects its results for the third quarter of 2007 to be lower than current analysts\' consensus estimates as a result of both operational and other factors. The company currently estimates third quarter earnings to be in the range of $0.73 to $0.76. The Wall Street consensus is $0.81.

Merrill Lynch (NYSE: MER) 1.5% LOWER; Sees Q3 Loss of Up to $0.50, Citing Mark-to-Market Adjustments on CDO\'s and Subprime

Washington Mutual Inc. (NYSE: WM) 1% LOWER; said a weakening housing market and disruptions in the secondary market through the end of the third quarter will result in a decline in net income of approximately 75% from the prior year quarter, subject to the finalization of third-quarter 2007 results.

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