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Tech was the talk this morning in early preopen trading.

Lately on electronic brokerage


, big-caps were working on recovering some of what they lost last week.

Cisco Systems

(CSCO) - Get Cisco Systems Inc. Report

was up 25 cents to $28.44, software giant


(MSFT) - Get Microsoft Corporation Report

was gaining 88 cents to $60 and


(INTC) - Get Intel Corporation Report

was 25 cents higher to $33.75.



, though, hadn't recently hit its recovery point yet and was continuing to slide. The long distance company reported earnings last week

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in line with estimates but far lower than year-ago estimates. The stock was off $1.31, or 6.5%, to $19.

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Early on, futures were pointing to a positive opening at the bell. The

S&P 500 futures on


lately were up 3 to 1324, about 5 points above fair value as calculated by

Prudential Securities

. The thinly traded

Nasdaq 100

futures were up 14 to 2291, or almost 20 points above fair value as calculated by


Europe's major indices were slightly higher, with France's

CAC 40

up 0.3%, Germany's

Xetra Dax

up 0.6% and the U.K.'s

FTSE 100

0.6% higher. Hong Kong's

Hang Seng

slipped 1.1%. Japan's

Nikkei 225

was closed for a holiday.

For more on the world stock markets, check out's

global indices information

For Friday's postclose trading, see The Night Watch.