This works presents a proposal for finding shot cuts in MPEG-1 and MPEG-2 videos. The proposed approach is based on heuristics for eliminating similar frames and thus extracting a set of frames positioned at cuts points. These heuristics analyze the compressed data, retrieved from MPEG video streams, without any decompression, thus saving time and space during the shot finding process. The existence of false cut patterns is noticed by studying the data returned by the chosen metrics. In face of such false positives (related to choices made during the history of the video encoding process), the analysis of the compressed data tries to identify patterns in the encoded stream, considered as compressor signatures. To distinguish between cut frames and frames characterized by the encoding process, some filters are proposed in order to alleviate the compressor influence on the similarity metrics results.