The Stocks Wall Street Is Watching

The following stocks may be
impacted due to significant news as noted:

In the chip biz, Micron
Technology

(
MU |
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has reported a first-quarter loss of $0.32 per share, the
company’s eighth consecutive loss.

Video entertainment retailer
Blockbuster Entertainment

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BBI |
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has lowered its earnings guidance for
the full year 2002 to $1.03-$1.10 per share vs. an analyst consensus of $1.31.

Video game company
Activision

(
ATVI |
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PowerRating)
has reduced its sales and profit forecasts for 2003
and into 2004 as the company loses ground to competitors.

Investment services company
Bear Stearns

(
BSC |
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PowerRating)
has beat its fourth-quarter earnings
expectations by $0.12 with profits of $0.12 per share.

Education company Apollo
Group

(
APOL |
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PowerRating)
has beat its first-quarter earnings by $0.07 with profits
$0.30.

Shipping company Federal
Express

(
FDX |
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PowerRating)
has beat its second-quarter earnings expectations by $0.02
with profits of $0.81 per hare.

Pre-market:


(
CRXA |
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+28%,
(
MEDI |
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+15%,
(
ISIS |
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+4%,
(
APOL |
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+2.8%,
(
UOPX |
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+2%.


(
MU |
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PowerRating)
-17%,
(
TXN |
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-4%,
(
INTC |
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-2%, 
(
ATVI |
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-19%,
(
ERTS |
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PowerRating)
-4.5%,
(
TTWO |
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PowerRating)
-4%,
(
THQI |
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PowerRating)

-4%.