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04/07 StreetInsider.com Pre-Open Movers

April 7, 2006 9:14 AM EDT
04/07 StreetInsider.com Pre-Open Movers:

Transmeta Corp. (NASDAQ: TMTA) 11.9% HIGHER; entered into a series of new project agreements to continue providing design and engineering services to Sony (NYSE: SNE) and Sony Computer Entertainment.

webMethods Inc. (NASDAQ: WEBM) 11% HIGHER; Raises Q4 Guidance

SafeNet Inc. (NASDAQ: SFNT) 10.2% LOWER; Cuts Q1 guidance

Extreme Networks Inc. (NASDAQ: EXTR) 9.8% LOWER; Cuts Q3 Guidance

Ixia (NASDAQ: XXIA) 8% LOWER; Cuts Q1 Guidance

Internet Security Systems Inc. (NASDAQ: ISSX) 7% LOWER; expects to announce Q1 revenues of approximately $80 million, which compares to the consensus of $83.9 million and non-GAAP net income of approximately $0.20 per diluted share, which compares to the consensus of $0.22.

Illumina Inc. (NASDAQ: ILMN) 6.4% HIGHER; expects to exceed both the revenue and net income per share guidance for the first quarter of 2006, originally provided on February 1, 2006.

Noven Pharmaceuticals Inc. (NASDAQ: NOVN) 5.9% HIGHER; announced that the FDA has approved Daytrana as a new therapeutic option for the treatment of Attention Deficit Hyperactivity Disorder (ADHD) in children aged six to twelve years.

Spectrum Pharmaceuticals Inc. (NASDAQ: SPPI) 5% HIGHER; presents EOquin(TM) Phase 2 Data

Research In Motion Ltd. (NASDAQ: RIMM) 4.2% LOWER; Cuts Q1 guidance

Elan Corp. plc (NYSE: ELN) 3.2% HIGHER; Biogen Idec (NASDAQ: BIIB) and Elan Corporation, plc (NYSE: ELN) announced that in Phase III multiple sclerosis studies TYSABRI showed significant effects on pre-specified health-related quality of life measures

Starbucks Corp. (NASDAQ: SBUX) 2.9% HIGHER; March same store sale up 10%

eCom Ventures, Inc. (NASDAQ: ECMV) INDICATED HIGHER; Rachmil Lekach, the co-founder of Perfumania, presented an offer to the Board of Directors of E Com Ventures, Inc. proposing to acquire E Com Ventures for $25.00 per share in cash in a negotiated transaction.

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