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Technology heavyweight


(QCOM) - Get QUALCOMM Incorporated Report

turned in a strong earnings report, but shares fell back in

after-hours trading.



also weighed in with fourth-quarter results but showed less strength, with fourth-quarter profits roughly half those of a year ago. Things were brighter at online auction behemoth


(EBAY) - Get eBay Inc. Report

, which said sales more than doubled.

Qualcomm reported first-quarter earnings of 25 cents a share, excluding net nonrecurring charges, a penny ahead of the 16-analyst

First Call/Thomson Financial

estimate and up from the year-ago 8 cents.

Qualcomm said it expects that shipments of its phone chips in the second quarter may be lower than the first quarter due to seasonal factors, inventory balancing by customers due to continued shortages of other phone components, and transition from older chips to the latest chips. Also, the company, again citing seasonal factors, said phone shipments in the second quarter could be lower than the first quarter. Excluding items, Qualcomm expects earnings per share in the second quarter to meet or exceed the 25 cents it earned in the first quarter. The company also said it's comfortable with the current analyst consensus estimate for fiscal 2000. The 17-analyst estimate calls for the company to earn $1.02 for the full fiscal year.

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eBay reported fourth-quarter earnings of 4 cents a share, beating the 24-analyst estimate of 2 cents and the year-ago 3 cents a share. The online auction giant said fourth-quarter operating profit surged as sales more than doubled and it added 305,000 users. eBay also issued an upbeat outlook for the current fiscal year, saying it expects revenue to come in between $30 million to $40 million higher than the $350 million analysts expect for 2000.

Compaq posted fourth-quarter earnings of 19 cents a share, including an investment gain, ahead of the 31-analyst estimate of 16 cents, but well below the year-ago earnings of 43 cents a share. Net income fell to $332 million from $758 million a year ago. The decline in profits comes as Compaq struggles to rebound from plunging PC prices, a management house cleaning and problems integrating acquisitions it has made in the past two years.

In other postclose news (

earnings estimates from First Call/Thomson Financial; earnings reported on a diluted basis unless otherwise specified


Earnings/revenue reports and previews

Advent Software


posted fourth-quarter earnings of 43 cents a share, which included an interest and income gain. The three-analyst estimate expected the company to report earnings of 37 cents a share. The year-ago report was 28 cents.


(AMGN) - Get Amgen Inc. Report

reported fourth-quarter earnings of 26 cents a share, including a benefit of 2 cents a share from stockpiling by drug wholesalers ahead of the year 2000 changeover. The 25-analyst estimate called for earnings of 25 cents a share, while the year-ago earnings of 22 cents include a gain. The company said it believed the effect of Y2K stocking by wholesalers increased 1999 sales by a total of $45 million, which boosted income by $25 million. Taking that into account, the company estimated that its total 2000 total product sales growth would slow to the high single digits.



reported fourth-quarter results of less than a cent excluding charges, compared with the year-ago earnings of 34 cents. The 10-analyst expectation was for break-even results. The company said it expects to report break-even results during its first quarter due to lower sales but added it sees revenues returning to year-over-year growth during the second quarter of 2000.

Commerce One


reported a fourth-quarter net loss of 40 cents a share. The 12-analyst estimate called for a loss of 15 cents a share, while the year-ago loss was 21 cents a share. The company said net loss per share is computed on a pro forma basis, giving effect to the conversion of preferred shares to common shares upon completion of the company's initial public offering in early July 1999.



reported a third-quarter loss of 9 cents a share, missing the two-analyst estimate of a 1-cent profit and down from the year-ago profit of 28 cents. The company warned that it is out of compliance with the profitability requirements of its credit agreement but said it is working to receive a 90-day waiver of the requirements from its lenders.



posted fourth-quarter earnings of 27 cents a share, in line with the 12-analyst estimate.

Fairchild Semiconductor


reported earnings for the seven months ending Dec. 26 of 23 cents a share, compared with a year-ago loss of 57 cents. The latest period is a shortened fiscal year that began on May 31. The company decided to convert to a calendar year, changing its fiscal year-end to the last Sunday in December from the last Sunday in May.

Foster Wheeler


reported fourth-quarter earnings of 31 cents a share excluding charges, beating the six-analyst estimate of 28 cents but down from the year-ago earnings of 41 cents which includes a loss.


(KMB) - Get Kimberly-Clark Corporation Report

reported fourth-quarter earnings of 79 cents a share, beating the 14-analyst estimate of 76 cents and the year-ago 68 cents. The company said it expects 6% to 8% annual top-line growth as well as double-digit earnings growth.

LSI Logic

(LSI) - Get Life Storage Inc. Report

reported fourth-quarter earnings of 47 cents a share, beating the 21-analyst estimate of 43 cents and the year-ago earnings of 5 cents. LSI set a 2-for-1 stock split in the form of a dividend to shareholders of record Feb. 4 and the new stock will be distributed Feb. 16.

Nortel Networks


reported fourth-quarter earnings of 44 cents a share, 2 cents better than the 20-analyst forecast. The company also set a 2-for-1 stock split.

(PLRX) - Get Pliant Therapeutics Inc. Report

posted a fourth-quarter pro forma loss of 75 cents a share, narrower than the six-analyst expected loss of 83 cents.


(RNWK) - Get RealNetworks Inc. Report

reported fourth-quarter earnings of 7 cents a share, 2 cents ahead of the 19-analyst outlook and up from the year-ago loss of 3 cents. The company also set a 2-for-1 stock split. Further, RealNetworks announced that it has acquired download management software maker


for 1.7 million shares, or about $265 million as of Tuesday's close.

Sealed Air

(SEE) - Get Sealed Air Corporation Report

posted fourth-quarter earnings of 50 cents a share, in line with the 10-analyst estimate.



reported second-quarter earnings of 36 cents a share, beating the 17-analyst estimate of 33 cents and the year-ago earnings of 25 cents. The company said it signed a $100 million deal with

Charter Communications

(CHTR) - Get Charter Communications Inc. Report

to supply optical equipment and digital cable TV set-top boxes.



reported a fourth-quarter loss of 56 cents including items. The 15-analyst estimate called for a loss of 59 cents. Year-ago results were not available as the company went public on Jan. 20 1999. The company proposed a public offering of 6 million common shares. USinternetworking said it expects it will sell 2 million shares and selling security holders will sell 4 million shares.

Wallace Computer


warned it sees second-quarter earnings below expectations citing weakness in certain markets. The company said it sees earnings in the range of 28 cents to 33 cents a share, below the two-analyst estimate of 50 cents a share.

Wisconsin Energy

(WEC) - Get WEC Energy Group Inc. Report

reported fourth-quarter earnings of 41 cents, missing the 10-analyst estimate of 47 cents and the year-ago earnings of 45 cents. The company said the results are partially attributable to warmer-than-normal weather in the fourth quarter and a smaller contribution to earnings from the operating non-regulated subsidiaries.

In other earnings news:

Offerings and stock actions

Dallas Semiconductor

(DS) - Get Drive Shack Inc. Report

set a 2-for-1 stock split.

SG Cowen

priced 3.75 million shares of

Healthgate Data


at $11 a share. The company provides health-care information for physicians and other health-care professionals over the Internet.