To: Venkie who wrote (91982 ) 1/27/1999 8:47:00 PM From: Mohan Marette Respond to of 176387
<--OT-->Hot Stocks----> For Tomorrow, possible movers and shakers. Hot Stocks Wed, 27 Jan 1999, 8:22pm EST U.S. Equity Preview: America Online, Informix, Lockheed Martin New York, Jan. 27 (Bloomberg) -- The following is a list of companies whose shares may move in U.S. markets Thursday, Jan. 28. U.S. Equity Preview includes news that broke after the markets closed. Wednesday's closing prices are included. The stock symbol is in parentheses after the company name.AFC Cable Systems Inc. (AFCX): The maker of electrical and communications wiring agreed to be acquired by Thomas & Betts Corp. (TNB), a maker of electronics components, for stock valued at about $490 million. Thomas & Betts will exchange 0.83 a share of its common stock for each share of AFC. The transaction values AFC at $38.44 a share, based on today's closing prices. AFC Cable rose 2 1/8 to 35 1/8, Thomas & Betts fell 11/16 to 46 5/16.Aliant Communications Inc. (ALNT): The communications company reported fourth-quarter earnings before charges and gains of 44 cents a share, beating the 41-cent average estimate of five analysts polled by First Call Corp. Aliant fell 5/8 to 42 9/16.America Online Inc. (AOL): The No. 1 online service reported earnings for its fiscal second quarter ended Dec. 31 of 17 cents a share, beating the 14-cent average estimate of analysts polled by First Call. It also said it's splitting its stock 2-for-1, payable Feb. 22 to shareholders of record Feb. 8. America Online rose 7 to 162. Cidco Inc. (CDCO): The maker of Caller ID products and other telecommunications equipment reported its fourth-quarter loss narrowed to 34 cents a share from $2.51 in the year-earlier period. The company also authorized the buyback of as many as 2 million shares of common stock on the open market or through private transactions. Cidco fell 1/16 to 3 1/4.Exodus Communications Inc. (EXDS): The Internet software company reported a fourth-quarter loss, excluding costs, of $1 a share, matching the average estimate of seven analysts polled by First Call. The company said it's splitting its stock 2-for-1, payable April 12 to shareholders of record March 19. Exodus rose 1 13/16 to 86 1/16.Informix Corp. (IFMX): The No. 5 database-software maker reported profit before a charge of 14 cents a share, beating the 11-cent average estimate of nine analysts polled by First Call, boosted by a 12 percent increase in database-software sales. Informix fell 1/16 to 13 5/16.Inprise Corp. (INPR): The computer software company reported fourth-quarter earnings of 6 cents a share, beating the 4-cent average estimate of five analysts polled by First Call. The company said it expects a 20 percent headcount reduction and a ''significant'' restructuring charge in the first quarter. Inprise rose 7/32 to 6 1/4 before trading was halted.Lockheed Martin Corp. (LMT): The second-biggest U.S. defense and aerospace company is expected to earn 81 cents a share in the fourth quarter, based on the average estimate of analysts polled by First Call. The company earned 89 cents a year earlier. The company is scheduled to report earnings tomorrow. Lockheed Martin fell 1 15/16 to 37 3/16.Reader's Digest Association Inc. (RDA): The magazine publisher reported second-quarter profit before charges and gains of 56 cents a share, beating the 54-cent average estimate of six analysts polled by First Call for the period ended Dec. 31. Reader's Digest rose 1 1/4 to 28 13/16.W.R. Grace & Co. (GRA): The specialty chemical company said it plans to relocate its headquarters to Columbia, Maryland, from Boca Raton, Florida, to lower its costs and increase productivity. W.R. Grace fell 13/16 to 14 3/16.