Champs & Chumps ..........Stock Market Winners & Losers

Wednesday, September 13, 2006

Stock Market Champs..........9-13-06

RF Industries Ltd. (RFIL)


Last Trade:8.65
Trade Time:3:19PM ET
Change:Up 3.01 (53.37%)

RF Industries Reports Record Third Quarter Sales
Wednesday September 13, 7:30 am ET


Sales Jump 20% to Record $3.9 Million

Net Income Increases 110% to $407,000, or $0.11 Per Diluted Share RF Industries, Ltd., today announced record sales for the third quarter of fiscal 2006.

For the three months ended July 31, 2006, net sales jumped 20% to a record $3,920,000 and net income increased 110% to $407,000, or $0.11 per diluted share. In the same quarter last year, net sales set a third quarter record $3,277,000 and net income was $194,000, or $0.05 per diluted share.

For the nine months ended July 31, 2006, net sales increased 14% to a record $11,064,000 and net income increased 89% to $1,067,000, or $0.29 per diluted share. In the same period last year, net sales were $9,723,000, and net income was $564,000, or $.15 per diluted share.

"Third quarter results set records at the RF Connector and Cable Assembly Division and at Bioconnect, with sales increasing 12% to over $3,000,000 and 89% to $315,000, respectively," said Howard Hill, president of RF Industries. "Profitability improved at both of these businesses. Aviel and Neulink also posted higher quarterly sales and improved operating results for the quarter. RFI's record net income benefited from strong sales of new connector and cable products, selective price increases, and a reduction in selling and general expenses, as a percent of sales, for the third quarter and nine months to date.

WiderThan Co., Ltd. (WTHN)

Last Trade:16.57
Trade Time:3:16PM ET
Change:Up 2.60 (18.61%)

About WiderThan

WiderThan is a leading provider of integrated mobile entertainment solutions for wireless carriers. Our applications, content and services enable wireless carriers to provide a broad range of mobile entertainment, such as ringback tones, music-on-demand, mobile games, ringtones, messaging and information services, to their subscribers. WiderThan currently provides mobile entertainment solutions to more than 50 wireless carriers in over 25 countries, including SK Telecom in Korea, Cingular Wireless, Sprint Nextel, T- Mobile USA and Verizon Wireless in the United States, Bharti Airtel in India and Globe Telecom in the Philippines.

Forward Industries Inc. (FORD)

Last Trade:5.53
Trade Time:3:21PM ET
Change:Up 0.74 (15.45%)

Envoy Communications Group Inc. (ECGI)

Last Trade:1.7400
Trade Time:3:22PM ET
Change:Up 0.1800 (11.54%)

Windrose Medical Properties Trust (WRS)

Last Trade:17.15
Trade Time:3:18PM ET
Change:Up 1.97 (12.98%)

Shares of Windrose Medical Properties Trust were among the top gainers in the premarket trading session Wednesday after the Indianapolis-based real-estate investment trust agreed to be bought for $451 million.

Windrose, which owns and manages health care properties, will be bought by Health Care REIT Inc. in a deal that also includes he assumption of $426 million in debt. The transaction is worth $877 million all together.

The company's stock gained $2,51, or 16.5 percent, to $17.69 in premarket trading on the INET electronic exchange, from their close at $15.18 on the New York Stock Exchange Tuesday.

Pall Corp. (PLL)

Last Trade:30.37
Trade Time:3:19PM ET
Change:Up 3.37 (12.48%)

Pall Shares Climb on Strong 4Q Profit and Projections of Growth Ahead, Margin Improvements

Shares of Pall Corp. jumped Wednesday, a day after the maker of filtration systems for industrial applications said its fourth-quarter profit rose 45 percent, beating analyst estimates.

The company also guided for an anticipated 2007 profit range that far exceeds consensus analyst expectations on its higher end.

Pall shares climbed $3.41, or 13 percent, to $30.41 in midday trading on the New York Stock Exchange. The stock has traded between $25.21 to $32.44 in the past 52 weeks and is almost flat since the beginning of the year.

East Hills, NY-based Pall on Tuesday said profit for the quarter ended July 31 rose to $62.8 million, or 50 cents per share, from $43.4 million, or 34 cents per share, in the year-ago quarter.

Foreign currency translations improved earnings by 1 cent per share, while stock based compensation expenses reduced earnings by 2 cents per share, the company said.

Revenue rose 14 percent to $597.3 million from $524.5 million in the year-ago quarter.

Analysts polled by Thomson Financial expected the company to earn 46 cents per share on $555.6 million in revenue.

Growth occurred in all segments, but especially in the microelectronics, aerospace and biopharmaceuticals units, said Eric Krasnoff, chairman and chief executive, in a prepared statement.

Robust capital sending by customers in Pall's core markets also drove results, said Krasnoff.

Ahead, the company plans to improve its gross margins. As new systems go online and customers order replacement filters, margins are expected to improve, said Krasnoff.

The company is increasing prices and expects to see benefits from a cost reduction initiative as well, he said. Pall is aiming for annual savings of $40 million a year and tax savings of $10 million a year by the end of 2008 through its cost savings plans, which involve reduction of Pall's global offices by 20 percent, or 1.2 million square feet. That could involve closing up to 12 facilities, which is important in light of rising energy and commodity costs, said Krasnoff.

In the fiscal 2006 year, Pall's earnings increased 3.3 percent to $145.5 million, or $1.16 per share, from $140.8 million, $1.12 per share, a year ago.

The results were pulled down by restructuring costs and other charges, including a 14 cent-per-share charge related to the repatriation of foreign subsidiary net earnings, the company said.

Revenue in 2006 increased 6 percent to $2.02 billion from $1.9 billion a year ago.

The company said it expects to earn $1.45 to $1.60 per share in 2007, while Wall Street forecasts earnings of $1.48 per share. Its backlog is 36 percent higher heading into the fiscal 2007 year, compared with 2006, the company said.

J.P. Morgan Securities Inc. analyst Jeffrey J. Zekauskas reaffirmed a "Neutral" rating on Pall, and said he expects the stock to trade flat to up Wednesday.

Landry's Restaurants Inc. (LNY)

Last Trade:31.14
Trade Time:3:19PM ET
Change:Up 2.70 (9.49%)


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