StreetInsider.com Pre-Open Movers 01/05

StreetInsider.com Pre-Open Movers:

China Precision Steel (Nasdaq: CPSL) 11.7% HIGHER; momentum name extends gains after recent pull-back

RightNow Technologies (Nasdaq: RNOW) 10% LOWER; said revenue for the fourth quarter is expected to be approximately $28 million and earnings are expected to be below the Company's previous guidance of $(0.02) to $0.00 cents per share on a GAAP basis. The consensus is $31.4 million and $0.03, respectively.

Motorola, Inc. (NYSE: MOT) 9% LOWER; said fourth quarter sales are now estimated to be in the range of $11.6 to $11.8 billion, versus the guidance given on October 17, 2006, of $11.8 to $12.1 billion. Fourth-quarter GAAP earnings per share are now estimated to be in the range of $0.13 to $0.16, or $0.23-$0.26 ex-items, The consensus is $11.99 billion and $0.39, respectively.

Matrixx Initiatives Inc. (Nasdaq: MTXX) 9% LOWER; lowers guidance

Global Payments Inc. (NYSE: GPN) 7.5% LOWER; reports Q2 EPS of $0.44 (ex-items), in-line with estimates. Revenues were $260.7 million vs. $260.25 million consensus. Chairman, President and CEO, Paul R. Garcia, stated, "Based on our first half results and our second half expectations, we are reaffirming the low end of our annual fiscal 2007 revenue guidance of $1,057 million, and reducing the high end of this guidance to $1,069 million." (Current FY07 revenue consensus is $1.07 billion)

Electro Scientific Industries, Inc. (Nasdaq: ESIO) 7.3% LOWER; reports Q2 EPS of $0.13 vs. $0.16 (may not be comparable due to several Q2 charges). Revenues were $59.3 million vs. $58.80 million consensus.

Virage Logic Corporation (NASDAQ: VIRL) 7% LOWER; anticipates Q1 revenues of approximately $11.0 million to $12.0 million and expects to report a net loss of $0.03 to $0.08 per share according to generally accepted accounting principles (GAAP). The consensus is $14.8 million and $0.00, respectively

UAP Holding Corp. (Nasdaq: UAPH) 6% LOWER; reports a Q3 loss of $0.26, 8 cents worse than estimates. Revenues were $375.7 million vs. $325.86 million consensus.

Nokia Corp. (NYSE: NOK) 5% LOWER; Credit Suisse downgrade. MOT warning.

Healthways Inc. (Nasdaq: HWAY) 5% LOWER; reports Q1 GAAP EPS of $0.32, versus the consensus of $0.32. Revenues came in at $117.1 million versus the consensus of $121.2 million. Sees Q2 EPS of $0.29-$0.30, and core EPS of $0.41-$0.42, versus the consensus of $0.34. Sees FY07 revenues of $667-$701 million versus the consensus of $670.05 million. Sees FY07 GAAP EPS of $1.44-$1.61 and core EPS of $1.68-$1.74 versus the consensus of $1.51.

Openwave Systems Inc. (Nasdaq: OPWV) 4.9% LOWER; sees Q2 non-GAAP net loss of approximately $0.08 to $0.09 per share, versus the consensus of a $0.01 loss. The company anticipates revenue to be approximately $83 million to $84 million, versus the consensus of $88.8 million.

Circuit City Stores Inc. (NYSE: CC) 4% HIGHER; December consolidated comparable store sales increase of 4.2 percent. The company now sees 2007 consolidated net sales growth of 9 percent to 10 percent, up from 8 percent to 9 percent.

Best Buy (NYSE: BBY) 4% HIGHER; December comparable store sales rose 7%

Spansion Inc. (Nasdaq: SPSN) 4% LOWER; anticipates fourth quarter net sales in the range of $680 million to $690 million compared to the company's prior net sales guidance range for the fourth quarter of $710 million to $740 million. The consensus is $722.8 million.

Chattem Inc. (Nasdaq: CHTT) 3.7% HIGHER; to be added to the S&P SmallCap 600.

AZZ incorporated (NYSE: AZZ) 3.6% HIGHER; reports Q3 EPS of $0.88, 18 cents better than estimates. Revenues were $65.4 million compared to $44.3 million for the same period last year.

Xyratex Ltd. (Nasdaq: XRTX) 3% LOWR; reports Q4 EPS of $0.36, ex-items, versus the consensus of $0.30. Revenues came in at $241.1 million versus the consensus of $224.51 million. Revenue in the first quarter of 2007 is projected to be in the range $220 to $235 million, versus the consensus of $228 million. On a non-GAAP basis fully diluted earnings per share is anticipated to be between $0.23 and $0.33, versus the consensus of $0.33.

DivX, Inc. (Nasdaq: DIVX) 2.75% HIGHER; JP Morgan adds to Focus List

NYSE Group, Inc. (NYSE: NYX) 0.8% HIGHER; Cramer names NYX his top growth stock for 2007.

Tractor Supply Company (Nasdaq: TSCO) 2% LOWER; the Company now anticipates sales for the full fiscal year to be approximately $2,369.6 million. The Company anticipates net income of $2.20 to $2.22 per diluted share. This compares to the Company's previous full year expectations for sales of between $2,370 and $2,390 million and earnings per diluted share in the range of $2.29 to $2.30. The consensus is $2.38 billion and $2.27, respectively

Synplicity, Inc. (Nasdaq: SYNP) INDICATED LOWER; sees Q4 revenues of $16.4 million, below the previously issued Company guidance and the consensus of $17.5 million. The company sees Q4 GAAP EPS of $0.06-$0.07, within the range of previously announced guidance and the consensus of $0.07. Revenue for 2007 is expected to be in the range of $65.0 million to $67.0 million, versus the consensus of $68.9 million. Non-GAAP operating income is expected to increase from approximately 12% of revenue in the year ended December 31, 2006 to between 14% and 15% of revenue in the year ended December 31, 2007.

Micrel, Incorporated (Nasdaq: MCRL) INDICATED LOWER; now projects fourth quarter revenues will be approximately $64 million to $65 million, compared with the previous guidance issued on October 26, 2006 of $67 million to $70.5 million. The consensus is $68.6 million. Fourth quarter earnings per diluted share are expected to be approximately $0.09 to $0.10, compared with the previous guidance issued on October 26, 2006 of $0.11 to $0.13. The consensus is $0.12.

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