StreetInsider.com Pre-Open Movers 03/14

StreetInsider.com Pre-Open Movers:

Ascent Solar Technologies, Inc. (Nasdaq: ASTI) 35% HIGHER; announced Norsk Hydro ASA (NYSE: NHY) acquired 1.6 million shares of the common stock of Ascent in a private placement as the precursor to a strategic relationship between the parties.

SMTC Corporation (Nasdaq: SMTX) 24% HIGHER; fourth quarter revenue grew 31% to $76.1 million. Net income of $2.1 million for the fourth quarter, an increase of 49% compared to the fourth quarter of 2005.

Accredited Home Lenders Holding Co. (Nasdaq: LEND) 20% HIGHER; bounces after massive sell-off on subprime woes, including yesterday's 65% slide.

Diamond Management & Technology Consultants, Inc. (Nasdaq: DTPI) 16% LOWER; lowered its net revenue and earnings outlook from continuing operations for the fourth quarter of fiscal year 2007. Net revenue for the fourth quarter is expected to be $41.5 to $42.5 million compared with our previous guidance of $44 to $47 million. As a result, the Company expects income from continuing operations after taxes of $0.06 to $0.07 per diluted share, compared with previous guidance of $0.08 to $0.10 per diluted share. The consensus is $46.32 million and $0.09.

SeaChange Int'l (Nasdaq: SEAC) 8% LOWER; reports a Q4 loss of $0.13 vs. consensus for a loss of $0.04 - may not be comparable) Revenues were $40.1 million vs. $41.34 million consensus.

Gymboree (Nasdaq: GYMB) 8% HIGHER; reports Q4 EPS of $0.75 (including loss from continuing operations), 3 cents better than estimates.(0.72) Revenues were $241 million vs. $242.72 million consensus. The Company expects income from continuing operations for the first fiscal quarter of 2007 to be in the range of $0.60 to $0.63 per diluted share. For the full fiscal year 2007, the Company estimates that its income from continuing operations will be in the range of $2.36 to $2.40 per diluted share. (Q1 EPS consensus is $0.63 and FY EPS consensus is $2.36).

Maxygen, Inc. (Nasdaq: MAXY) 7% LOWER; received notice from F. Hoffmann-La Roche Ltd and Hoffmann-La Roche Inc. ("Roche") that, effective April 12, 2007, Roche will terminate its Co-Development and Commercialization Agreement with Maxygen relating to Maxygen's pre-clinical stage MAXY-VII program.

Sapient (Nasdaq: SAPE) 7% HIGHER; reports a Q4 loss of $0.01 (adjusted EPS was $0.06 profit) vs. consensus of $0.02. Revenues were $113.7 million vs. $110.41 million consensus. Sapient management provided the following financial guidance for the first quarter ending March 31, 2007: Service revenues are expected to be in excess of $116 million. (Consensus is $114.05 million) Sapient management provided the following financial guidance for the year ending December 31, 2007: Service revenues are expected to be in excess of $500 million. (Consensus is $491.2 million)

Fremont General Corporation (NYSE: FMT) 5% HIGHER; bouces after massive sell-off on subprime woes, including yesterday's 8% slide.

Bare Escentuals, Inc. (Nasdaq: BARE) 4.7% LOWER; prices 12,000,000 shares of its common stock at a price to the public of $34.50 per share.

Micron Technology Inc. (NYSE: MU) 2.2% HIGHER; Citigroup upgrades to Buy

H&R Block, Inc. (NYSE: HRB) 2.2% LOWER; will post $29M more in pre-tax losses from subprime issues.

Countrywide Financial Corp. (NYSE: CFC) 2% HIGHER; bouces after massive sell-off on subprime woes, including yesterday's 4.7% slide. Friedman Billings upgrades to Outperform

General Motors Corporation (NYSE: GM) 1.84% LOWER; reports Q4 EPS of $1.68, 0.32 ex-items, versus the consensus of $1.19. Revenues were $51.2 billion versus $51.7 billion last year.

Juniper Networks (Nasdaq: JNPR) 1.6% LOWER; Mr. Robert Dykes, Executive Vice President and Chief Financial Officer, and Mr. Robert Sturgeon, Executive Vice President, Service Layer Technology Group, each announced on March 12, 2007 that he will be resigning from Juniper Networks. Neither resignation was the result of any disagreement with the Company on any matters relating to the Company's operations, policies or practices.

Lehman Brothers Holdings Inc. (NYSE: LEH) 1.2% LOWER; reports Q1 EPS of $1.96 and revenues of $5 billion. The consensus is $1.94 and $4.96 billion.

BabyUniverse, Inc. (Nasdaq: POSH) INDICATED HIGHER; POSH and eToys Direct, Inc. have entered into a definitive agreement for an all stock merger.

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