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Wednesday's Tech Winners & Losers

Websense jumps after affirming guidance.

Updated from 2:43 p.m. EDT with new stock prices

Tech stocks were down Wednesday, along with the major market indices, as investors dealt with

more signs

of recession.

IT security company



was up $1.22, or 6.6%, to $19.86 after the company reaffirmed its guidance for the year and said it expects first-quarter profit above Street expectations. Websense forecast revenue for fiscal 2008 between $325 million and $335 million and EPS, excluding charges, in the range of $1.15 to $1.25. Analysts are expecting revenue of $334.04 million and EPS of a $1.23.


(DELL) - Get Dell Technologies Inc. Class C Report

shed 31 cents, or 1.6%, to $18.69 after

The Wall Street Journal


the company is in talks with the Dubai government-owned Tecom Investments to create a joint venture for its sales in the Middle East.

(AMZN) - Get Inc. Report

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slipped $2.91, or 3.8%, to $74.39 as investors feared


(UPS) - Get United Parcel Service Inc. Report

reduced forecast

hint at trouble for the online retailer, which significantly depends on UPS for shipping.



was down 16 cents, or 1.7%, to $9.33. The company announced former


(T) - Get AT&T Inc. Report

CEO David Dorman will replace outgoing Motorola chief Ed Zander as non-executive chairman.

Shares of GPS-based navigation devices maker


(GRMN) - Get Garmin Ltd. (Switzerland) Report

continued to slide following a

revenue warning

by its rival


on Tuesday. Garmin's stock shed $2.57, or 5.3%, to $45.90.