StreetInsider.com Pre-Open Movers 11/22

November 22, 2006 9:24 AM EST

StreetInsider.com Pre-Open Movers:

Euro Tech Holdings Co. Ltd. (Nasdaq: CLWT) 45% HIGHER; sees pre-open momentum

Cray Inc. (Nasdaq: CRAY) 28% HIGHER; has been awarded a $250 million agreement from the U.S. Defense Advanced Research Projects Agency (DARPA). Under this agreement, Cray will develop a revolutionary new supercomputer based on the company's Adaptive Supercomputing vision, a phased approach to hybrid computing that integrates a range of processing technologies into a single scalable platform.

MGM Mirage (NYSE: MGM) 10% HIGHER; Kirk Kerkorian's Tracinda intends to make a cash tender offer for up to 15,000,000 shares of common stock, par value $.01 per share, of MGM MIRAGE (NYSE: MGM - News) at a price of $55.00 per share.

Dell Inc (Nasdaq: DELL) 9.7% HIGHER; reports preliminary Q3 EPS of $0.30, 6 cents better than estimates.(0.24) Revenues were $14.4 billion vs. $14.44 billion consensus.

Brocade Communications (Nasdaq: BRCD) 8% HIGHER; reports Q4 EPS of $0.14, 2 cents better than estimates.(0.12) Revenues were $208.8 million vs. $203.45 million consensus.

Coldwater Creek (Nasdaq: CWTR) 6% LOWER; reports Q3 EPS of $0.17, in-line with estimates.(0.17) Revenues were $256.4 million vs. $245.53 million consensus.

J. Crew (NYSE: JCG) 6% HIGHER; reports Q3 adjusted EPS of $0.27, 6 cents better than estimates.(0.21) Revenues were $275.6 million compared to $223.36 million for the same period last year. The Company currently expects fiscal 2006 diluted earnings per share in the range of $0.95 to $0.97. This compares to the Company's previously announced earnings guidance range of $0.86 to $0.88 per diluted share. Current FY EPS consensus is $0.89.

Cyberonics Inc. (Nasdaq: CYBX) 5.6% HIGHER; Cramer highlights on Mad Money

DirecTV Group Inc. (NYSE: DTV) 5% HIGHER; will replace Freescale Semiconductor Inc. (NYSE: FSL.B) in the S&P 500 after the close of trading on a date to be announced.

PDL BioPharma, Inc. (Nasdaq: PDLI) 4% LOWER; announced that Roche will discontinue its agreement with PDL to jointly develop and commercialize daclizumab for organ transplant patients on longer-term maintenance therapy.

ValueClick Inc. (NASDAQ: VCLK) 4% HIGHER; will replace Questar Corp. in the S&P MidCap 400

IAC/InterActiveCorp (NASDAQ: IACI) 4% HIGHER; will replace Lucent Technologies in the S&P 500 after the close of trading on Thursday, November 30.

Blockbuster Inc. (NYSE: BBI) 2.7% HIGHER; Chairman/CEO John F. Antioco disclosed he bought 220,000 shares on 11/21 at $4.66.

Questar Corp. (NYSE: STR) 2% HIGHER; will replace North Fork Bancorporation, Inc. (NYSE: NFB) in the S&P 500.


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Stocks Mentioned

BBI 0.63

+0.01 +1.61%
Volume: 1,306,013
Track BBI

BRCD 7.06

-0.04 -0.56%
Volume: 24,423,445
Track BRCD

CLWT 2.79

-0.01 -0.36%
Volume: 514,635
Track CLWT

CRAY 6.98

+0.23 +3.41%
Volume: 203,317
Track CRAY

CWTR 4.40

+0.13 +3.04%
Volume: 939,409
Track CWTR

CYBX 18.63

+0.58 +3.21%
Volume: 461,945
Track CYBX

DELL 13.44

-0.02 -0.15%
Volume: 35,970,963
Track DELL

DTV 32.63

+0.73 +2.29%
Volume: 14,675,683
Track DTV

FSL.B 25.55

+0.20 +0.79%
Volume: 154,200
Track FSL.B

IACI 19.10

+0.10 +0.53%
Volume: 2,950,699
Track IACI

JCG 43.08

+0.44 +1.03%
Volume: 2,035,468
Track JCG

MGM 10.78

+0.15 +1.41%
Volume: 24,304,421
Track MGM

NFB 0.00

-28.12 -100.00%
Volume: 0
Track NFB

PDLI 6.37

+0.03 +0.47%
Volume: 3,200,512
Track PDLI

STR 39.95

-0.27 -0.67%
Volume: 1,160,887
Track STR

VCLK 10.02

+0.08 +0.80%
Volume: 798,569
Track VCLK


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