Wednesday, March 5, 2008

	After Hours Summary: TMA -42.4% (discloses receipt of default notice from JP Morgan after TMA failed to meet a $28 mln margin call ); INTC: At analyst day, co says NAND pricing erosion is at 54% in the qtr, was expecting around 27% -Update- Companies moving in after hours trading in reaction to earnings: Trading Up: SMSI +20.4%; CHIP +17.5%; DXPE +10.1%; SNUS +8.8%; MATK +7.7%; CMTL +7.6%; ACUR +5.4%; MELI +4.1%; TIVO +3.9%; LVB +3.8%; ADCT +2.0%; ANIK +1.3%... Trading Down: CWTR -16.1%; UDRL -16.0%; USMO -7.3%; MR -7.1%; PETM -5.6%; RWC -5.2%; STEC -4.7%; RWT -1.0%... Companies moving in after hours trading in reaction to news: Trading Up: THRX +11.1% (FDA accepts for review THRX's complete response to approvable letter for Telavancin for the treatment of complicated skin and skin structure infections); BXXX +8.4% (comments on subsidiary refinancing); HRS +4.1% (sees FY09 EPS of $4.00-4.10 vs. $3.95 First Call consensus); CSH +3.9% (increases credit facility by $50 mln to $300 mln); EXTR +2.7% (discloses it has received a written notice from the SEC that it has concluded its investigation concerning the co's stock options practices); MOT +1.4% (Carl Icahn discloses increased stake of 6.3%, up from 5.0% prior stake); TWPG +1.0 (announces the appointment of President Lionel Conacher as COO and resignation of David Baylor as COO and CFO)... Trading Down: TMA -42.4% (discloses receipt of default notice from JP Morgan after TMA failed to meet a $28 mln margin call); ZUMZ -1.8% (reports Feb comparable store sales -2.6%); HNSN -1.6% (files a $75 mln common stock shelf offering in an S-3); INTC -0.6% (At Analyst Day, co says NAND pricing erosion is at 54% in the qtr, was expecting around 27%).