Cortex Pharmaceuticals Inc. (COR)

Last Trade:	1.97
Trade Time:	12:16PM ET
Change:	1.08 (35.41%)

27-Oct-06

Rodman & Renshaw

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Mkt Outperform

Mkt Perform

Nextest Systems Corp. (NEXT)

Last Trade:	10.25
Trade Time:	12:20PM ET
Change:	2.75 (21.15%)

NEXT shares tumbled 25% to $9.73 in Friday morning trade after the San Jose, Calif.-based maker of automatic test equipment for semiconductors late Thursday reported fiscal first-quarter net earnings of $4.78 million, up from $1.62 million last year. Net income available to common shareholders came in at $4.6 million, or 25 cents a share, up from $350,000, or 4 cents a share, in the year-ago quarter. Revenue climbed to $26.9 million from $17.2 million. Analysts polled by Thomson First Call had forecast a per-share profit of 20 cents. The company expects fiscal second-quarter earnings of 2 cents to 15 cents on revenue of $17 million to $24 million.

Georgia Gulf Corp. (GGC)

Last Trade:	22.53
Trade Time:	12:17PM ET
Change:	4.39 (16.31%)

Chemicals maker Georgia Gulf Corp. said third-quarter earnings fell 23 percent on higher raw materials costs and lower vinyl resins sales.

Net income dropped to $22.7 million, or 66 cents per share, from $27.9 million, or 82 cents per share, in the year-ago period. Analysts were looking for profit of $1.06 per share.

Sales rose 10 percent to $576.3 million from $525.2 million last year, missing the Wall Street average estimate of $612.3 million.

"Although our businesses experienced much higher average raw materials costs, we generally maintained higher sales prices and respectable sales volumes during the quarter until demand softened in September," the company said.

Georgia Gulf shares plunged $4.42, or 16 percent, to $22.50 in recent trading on the New York Stock Exchange.