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Contest Stocks: FMT "Homes In" As Best Performer

Here's our latest contest "stock report." Mortgage finance company FMT is back in the news--as a best performer, thought it's been gone for a while as one of the most widely held, it's in the most active list. And GIGM turned into a negative play with news the company sees slower growth ahead. Here you go:


Best performing grades by % gain from Monday's close to Tuesday's close:
Fremont General Financial Services--up 40.65% on news that they agreed to sell its commercial-real estate lending business.
MGM Mirage Travel & Leisure--up 27.05% after Kerkorian's Tracinda wants to buy Bellagio & City Center.
Corus Bankshares--up 12.38%.
Spansion--up 9.67% on news that Intel & STMicroelectronics to form company to become top supplier of NOR flash memory-chips which Spansion produces.
Monro Muffler Brake--up 9.21% on strong earnings.

Worst performing trades by % loss from Monday's close to Tuesday's close close:
United Natural Foods Retail--down 10.60% as earnings missed expectations.
Global Sources--down 8.66%.
Home Inns--down 8.42% as the Shanghai economy hotel chain reported earnings.
D&S--down7.56% as Chilean companies fell on pension fund changes and profit taking.
GigaMedia Ltd--down 6.83% as the Taiwanese company warned that Q2 revenue growth would slow.
Black Box Industrial Goods & Services $35.65 $38.20 -6.68
Blackboard--down 6.45%.
Sasol Ltd--down 6.28%.
Neurochem down 5.67%.
Tele Chile--down 5.30% as Chilean companies fell on pension fund changes and profit taking.

The Most Active and Widely Helds for our Million Dollar Top 20 and our Second Chance Finalists:

Most active Volume
REV 75,619,245
CMGI 72,710,383
CNXT 69,000,024
KRY 51,769,661
CHTR 45,904,851
SIRI 41,318,976
FMT 40,230,023
GTW 36,891,226
VG 23,209,483
GIGM 22,428,515

Widely held Shares
CMGI 410,945,149
REV 390,246,889
CNXT 292,847,756
KRY 264,117,327
SIRI 219,810,338
GTW 186,503,642


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