StreetInsider.com Pre-Open Movers 09/20

StreetInsider.com Pre-Open Movers:

Genta Incorporated (Nasdaq: GNTA) 25% LOWER; entered into definitive agreements with institutional investors to sell 20 million shares of common stock through a registered offering for gross proceeds totaling approximately $16 million, before fees and expenses

Star Scientific Inc. (Nasdaq: STSI) 17% HIGHER; said on September 18, 2006 they received letter correspondence from The Honorable Marvin J. Garbis of the United States District Court for the District of Maryland regarding the Company�s ongoing patent infringement lawsuit against R.J. Reynolds Tobacco Company. The letter said, "I have Mr. McMillan�s letter of September 5, 2006 and understand all parties' interest in moving the case to final resolution. I shall try to issue decisions on the pending matters within a month."

Oracle (Nasdaq: ORCL) 12.7% HIGHER; reports Q1 EPS of $0.18, 2 cents better than estimates. GAAP revenues were up 30% to $3.6 billion versus the consensus of $3.47 billion.

Syntroleum (Nasdaq: SYNM) 8.5% HIGHER; announced today that its ultra-clean jet fuel has been successfully tested in a United States Air Force B-52 Stratofortress Bomber aircraft.

Max Re Capital Ltd. (Nasdaq: MXRE) 6.9% LOWER; Sees $35M in Hedge Fund Loses

CarMax, Inc. (NYSE: KMX) 6.6% HIGHER; reports Q2 EPS of $0.46, ex-items, 5 cents better than estimates. Revenues were $1.93 billion vs. $1.85 billion consensus. For the fiscal year ending February 28, 2007, CarMax now expects comparable store used unit sales in the range of 6% to 8% and earnings per share in the range of $1.55 to $1.65. Current consensus is $1.50.

Christopher & Banks Corp. (NYSE: CBK) 4% HIGHER; reports Q2 EPS of $0.21, 1 cent better than estimate. Revenues came in at $131.6 million versus the consensus of $129 million. Sees Q3 EPS of $0.31-$0.32 versus the consensus of $0.30. Sees FY07 EPS fo $1.14-$1.16 versus the consensus of $1.11.

Sirius Satellite Radio Inc. (Nasdaq: SIRI) 3% HIGHER; Stern and Sirius (SIRI) Deny Reports of Return to Free Radio

Vertex Pharmaceuticals Inc. (Nasdaq: VRTX) 2.5% HIGHER; UBS upgrades Vertex Pharma (VRTX) to Buy

Microchip Technology Inc. (Nasdaq: MCHP) 1.8% LOWER; Updates Q2 EPS Guidance

LM Ericsson Telephone Co. (Nasdaq: ERIC) 1.7% HIGHER; Citigroup upgrades Ericsson (ERIC) to Buy

Morgan Stanley (NYSE: MS) 1.5% HIGHER; reports Q3 EPS of $1.75, versus the consensus of $1.37

Circuit City Stores, Inc. (NYSE: CC) 1.37% HIGHER; reports Q2 EPS of $0.07, 2 cent better than estimates. Revenues were $2.84 billion vs. $2.82 billion consensus.

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