[This Is A Rush Transcript. This Copy May Not Be In Its Final Form And May Be Updated. Deborah Marchini, Cnn Anchor:] It's time for your "A.M. Market Call." Sasha Salama is at the Nasdaq marketsite with the latest on Krispy Kreme?
[Sasha Salama, Cnn Correspondent:] That's right, Deb. Krispy Kreme, which is no longer a four-letter stock. You know, the company defected to that other exchange: the New York Stock Exchange. It came in with its results better than expected: earnings of 10 cents a share, one penny better than Wall Street estimates. KKD in the year-ago period reported 7 cents a share. So we're watching Krispy Kreme Doughnuts. Also, we've got CIENA on the radar screen, and that stock is up in the premarket, after gaining ground in yesterday's session, it's above 19 in the premarket. The maker of telecom and fiber optic equipment reported that it's being added to the S&P; 500 index. And by definition it is going to be bought up by those index fund managers. So CIEN a nice mover on the plus side today. Speaking of joining the indices, SBC Communications is doing that as well. It's joining the S&P; 100 SBC the ticker symbol. And it's replacing American General, which is being bought by AIG. Another stock to watch is Synopsys, which is getting slammed in the premarket. This company is a maker of computer chip equipment the ticker SNPS. And after finishing virtually flat yesterday, it's down $5.50 in the premarket. Here is the story: The company reported earnings that were worse than expectations, and the company also said that earnings for 2001 and 2002 would fall short. The CEO says, conditions in the chip market continue to deteriorate, as our customers have gone through second and third rounds of layoffs. So we're watching that one. Also Gymboree this is the retailer of children's clothes, and it is rallying in the premarket after gaining nearly 1 percent yesterday. GYMB is up nearly $2 to $7.50 a share. The company lost less than Wall Street expected and guided higher for earnings, saying it expects higher earnings, not just for the fourth quarter, but for all of fiscal year '01. So that's a stock on the move higher, and that's your "A.M. Market Call" for this Thursday Deb.
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