Schaeffer's Daily Market Blog Features Sierra Wireless, Dell, Amazon.com, Garmin, and F5 Networks.

CINCINNATI -- Among the stocks featured in the October 26 edition of Schaeffer's Market Blog are Sierra Wireless (NASDAQ:SWIR), Dell (NASDAQ:DELL), Amazon.com (NASDAQ:AMZN), Garmin (NASDAQ:GRMN), and F5 Networks (NASDAQ:FFIV). Schaeffer's Market Blog is just one of the many free market commentaries written everyday at www.SchaeffersResearch.com - the home of Bernie Schaeffer and Schaeffer's Investment Research. The Market Blog is written throughout every trading day by Schaeffer's financial analysts and traders. They are quick insights to the day's most notable market activity from an options perspective. For additional information about this report or to have it delivered to you free via email every day click on the following link. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB1M&PAGE=1 .

Schaeffer's Market Blog for Wednesday, October 26, 2005:

Below are just a few of today's Market Blog entries. Click here to read all of today's Market Blog. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB1C&PAGE=1 .

5:14 PM Sierra Wireless Moves Higher Ahead of Earnings

Sierra Wireless (NASDAQ:SWIR) jumped nearly five percent in a ten-minute span Monday afternoon, after the company announced a supply agreement with Cingular Wireless. Although the pact's value was not disclosed, the market almost immediately valued it at a significant dollar amount. SWIR will deliver its AirCard 860 3G wireless wide area network card for use in Cingular's high-speed data network. It tacked on 1.68 percent yesterday and added more than six percent today. SWIR is up nearly ten percent in the last three sessions.

SWIR is no stranger to sharp moves. The stock soared more than 40 percent from September 19 to September 21 after the company was rumored to be one possible supplier of wireless modems for Dell's (NASDAQ:DELL) laptop computers. It went as high as 12.23 on September 29 before falling back to the 10 region last week. The company is scheduled to report earnings tomorrow after the market close.

3:36 PM Nasdaq Shrugs of Amazon Decline

All in all, it's a pretty dull day for the markets as the Dow Jones Industrial Average (DJIA) is up a point and the SPX is even. Bonds and oil are both down big and internals are definitely pretty weak. Volume looks like its going to be a little weaker than the past few days as well. Still, considering Amazon.com (NASDAQ:AMZN) is near the lows of the day, down about 14 percent, to see the Nasdaq down only 5 points isn't all that bad I think. Tonight and tomorrow are the two busiest days in terms of how many companies report, so get ready for some fun.

11:30 AM Garmin Tops Earnings, Trades Lower

This morning before the market open, Garmin (NASDAQ:GRMN) reported third-quarter earnings of 67 cents per share, four cents ahead of analyst estimates. Company revenues increased 29.8 percent year-over-year to $251.3 million, versus the consensus estimate of $243.9 million. GRMN also issued upside guidance for Y05 and now sees earnings per share of $2.53-2.58, versus the consensus estimate of $2.51.

Despite the positive earnings report and upward revision, GRMN stock is trading lower on the news. GRMN opened about four percent lower, but has since recovered some of its losses and at last check was trading about two percent lower to $65.92. A check on its weekly chart shows the stock found support at an area of former resistance and has since bounced higher.

10:39 AM F5 Networks Tops Earnings, Guides Higher

Last night after the market close, F5 Networks (NASDAQ:FFIV) reported fourth-quarter earnings of 47 cents per share, nine cents ahead of analyst estimates. Company revenues increased 60.5 percent year-over-year to $80.6 million, versus the consensus estimate of $77.4 million. In other positive news, FFIV also issued upside guidance for the first quarter and now sees earnings of 44 to 45 cents per share, versus the consensus estimate of 38 cents.

Technically speaking, the equity has been trending lower since March. This morning's positive news has sent the shares 17 percent higher. FFIV now faces overhead resistance at the 50 level. Market players should keep a close eye on the security to see if it is able to push through this area of resistance.

The above are just a few of today's Daily Market Blog entries. Click here to read all of today's Daily Market Blog. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB1C&PAGE=1 .

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Schaeffer's Investment Research, founded by Bernie Schaeffer in 1981, is a financial information and trading resources company. It publishes Bernie Schaeffer's Option Advisor, the nation's leading options subscription newsletter. The firm's contrarian approach focuses on stocks with technical and fundamental trends that run counter to investor expectations. The firm's website, http://www.SchaeffersResearch.com , is recognized as one of the leading information sources for stock and options traders and was cited as the top options website by both Forbes and Barron's. Click here for more details about Schaeffer's trading methodology: http://www.SchaeffersResearch.com/method .