Pre-Market Earnings Movers (October 26, 2007)

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By Douglas A. McIntyre Published

(BEAS) BEA Systems trading down almost 4% ahead of Oracle rejected BEA Systems’ $21 indication.
(CFC) Countrywide -$2.85 EPS vs -$1.28 est., but shares indicated up over 10% on writedowns.
(COLM) Columbia Sportswear indicated down marginally after slightly beating earnings.
(DELL) Dell trading up 2% after strong Microsoft numbers.
(FDRY) Foundry Networks trading up 8% after beating earnings estimates.
(FMD) First Marblehead trading up almost 5% after earnings.
(FO) Fortune Brands $1.35 EPS vs $1.29 est.
(MSFT) Microsoft traded up to over $35 after beating earnings and raising guidance.
(PANC) Panacos trading up 20% on HIV trials meeting endpoints.
(SWIR) Sierra Wireless trading up 12% after beating earnings and raised guidance.
(TRID) Trident Micro trading down almost 30% on earnings outlook and on downgrades.
(VG) Vonage Settled with Verizon.
(VSEA) Varian Semiconductor trading down 14%; earnings were strong but guidance was weak.
(WB) Wachovia was reportedly approached about a merger by Merrill Lynch.

Jon C. Ogg
October 26, 2007

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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