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The Night Watch: Oracle, WorldCom Tick Higher

 

Technology stocks were mostly higher after the close, and traders were coming back to some names that have been unloved lately on Wall Street.

Oracle (ORCL Quote), which just before the closing bell said it would at least meet analysts' estimates for the fourth quarter, was ticking up 0.2% to $8.68. Oracle closed the regular session strong, finishing up 10.7% to $8.66.

WorldCom (WCOM Quote) was adding 2.5% to $1.45 on word it would get out of the wireless resales business and cut some of the 2,200 jobs at the division. ...

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