StreetInsider.com Pre-Open Movers 10/27

StreetInsider.com After-Hours Movers:

Rinker Group Limited (NYSE: RIN) 30% HIGHER; CEMEX, S.A.B. de C. V. (NYSE: CX) intends to make an offer to acquire all of the outstanding shares of Rinker Group Limited (NYSE: RIN) in a deal worth $12.8 billion.

Nextest Systems (Nasdaq: NEXT) 23% LOWER; reports Q1 EPS of $0.25, 5 cents better than estimates.(0.20) Revenues were $26.8 million vs. $27.06 million consensus. Net revenue in the second quarter of fiscal 2007 is expected to be between $17 million and $24 million, with earnings per diluted share of between $0.02 and $0.15. The fully diluted share count is estimated to be approximately 19 million at the end of the second quarter. Current revenue consensus for Q2 is $28.22 million and EPS consensus is $0.23.

VISICU, Inc. (Nasdaq: EICU) 23% HIGHER; Revenue for the third quarter was $8.2 million, a 68% increase over the same quarter last year. Net income for the third quarter of 2006 was $2.5 million, or $0.07 per diluted share. The Company is increasing both its revenue and operating margin guidance for 2006. The Company now expects 2006 revenue to increase 63-64%, an increase over previously issued guidance of 53-56%, and expects 2006 adjusted operating margins to increase to 21-23%, an increase over previously issued guidance of 16-18%. It also now expects that 2006 GAAP operating margins will be 13-15% of revenue for the year, an increase over previously issued guidance of 7-9%.

Vertex (Nasdaq: VRTX) 23% HIGHER; said researchers will present new data this week suggesting that both wild-type hepatitis C virus and resistant variants were suppressed in patients when pegylated interferon was added to telaprevir (VX-950), Vertex's investigational hepatitis C virus protease inhibitor, in a Phase 1b clinical study.

Interphase Corp. (Nasdaq: INPH) 18% LOWER; Revenues for the third quarter of 2006 were $7.8 million. The company recorded a third quarter 2006 net income of $175,000, or $0.03 per share, compared to a loss of $(912,000), or $(0.15) per share in the third quarter of 2005.

NETGEAR (Nasdaq: NTGR) 14% HIGHER; reports Q3 EPS of $0.35, 3 cents better than estimates.(0.32) Revenues were $151.6 million vs. $140.44 million consensus.

Silicon Image (Nasdaq: SIMG) 13.7% LOWER; reports Q3 EPS of $0.24, 3 cents better than estimates.(0.21) Revenues were $78.3 million vs. $77.56 million consensus. Revenue for the fourth quarter ending Dec. 31, 2006 is expected to decrease approximately 3 to 5 percent as compared with the third quarter of 2006.

Builders FirstSource (Nasdaq: BLDR) 12% LOWER; reports Q3 EPS of $0.60, 12 cents worse than estimates.(0.72) Revenues were $569.9 million vs. $626.50 million consensus.

Cohu (Nasdaq: COHU) 11% HIGHER; reports Q3 EPS of $0.19, 8 cents better than estimates.(0.11) Revenues were $74.8 million vs. $64.05 million consensus.

Deckers Outdoor (Nasdaq: DECK) 9.5% HIGHER; reports Q3 EPS of $0.83, 29 cents better than estimates.(0.54) Revenues were $82.3 million vs. $73.80 million consensus. Company cites strong upside from UGG Sales. Sees Q4 EPS between $1.27-1.30 vs. $1.26 consensus. Sees Q4 revenues between $107-110 million vs. $105.9 million consensus.

Invitrogen (Nasdaq: IVGN) 9% LOWER; reports Q3 EPS of $0.87, 9 cents better than estimates.(0.78) Revenues were $311 million vs. $311.03 million consensus.

Hittite Microwave (Nasdaq: HITT) 9% LOWER; reports Q3 earnings of $0.37 per share, 3 cents better than estimates. Revenues came in at $34.6 billion versus the consensus of $31.8 million. Sees Q4 EPS of $0.33-$0.34 versus the consensus of $0.34. Sees Q4 revenues of $34-$35 million versus the consensus of $33.3 million.

Sierra Wireless (Nasdaq: SWIR) 8.6% LOWER; reports Q3 earnings of $0.01 per share, 1 cent better than estimates. Revenues came in at $52.5 million versus the consensus of $51.3 million. Sees Q4 EPS of $0.07 versus the consensus of $0.16. Sees Q4 revenues of $66.0 million versus the consensus of $64 million.

McAfee (NYSE: MFE) 7.8% HIGHER; reports Q3 earnings of $0.36 per share, 6 cents better than estimates. Revenues came in at $287.8 million versus the consensus of $275.7 million. Sees Q3 EPS of $0.31-0.35 versus the consensus of $0.33.

Extreme Networks (Nasdaq: EXTR) 7% LOWER; reports Q1 revenue of $83.8 million versus the consensus of $89.4 million. No earnings due to options probe.

SOHU.com (Nasdaq: SOHU) 6.5% HIGHER; reports Q3 GAAP EPS of $0.17 (non-GAAP EPS is $0.22) vs. consensus of $0.16. Revenues were $35.4 million vs. $33.60 million consensus. Sohu estimates total revenues for fourth quarter 2006 to be between US$34.0 million to US$36.0 million. Current consensus is $34.22 million. Sohu estimates the non-GAAP fully diluted earnings per share for the fourth quarter of 2006 to be between US$0.20 and US$0.22. Current consensus is $0.17.

Biosite (Nasdaq: BSTE) 6% LOWER; reports Q3 earnings of $0.49 per share, 5 cents worse than estimates. Revenues came in at $74.6 million versus the consensus of $77.8 million. Sees FY06 GAAP EPS of $2.18 versus the consensus of $2.28. Sees FY06 revenues of $308-$316 million versus the consensus of $317 million.

Digital River (Nasdaq: DRIV) 5.5% HIGHER; reports Q3 EPS of $0.41, 3 cents better than estimates(0.38) Revenues were $75.3 million vs. $74.01 million consensus.

Oplink Communications (Nasdaq: OPLK) 4.7% HIGHER; reports Q1 EPS of $0.17, 3 cents better than estimates.(0.14) Revenues were $19.7 million vs. $18.72 million consensus. Sees Q2 EPS between $0.18-0.19 vs. $0.16 consensus.

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