The extended session Wednesday was a little calmer than regular trading, but most issues on the most-actives list were holding their closing levels or even inching higher.

McLeodUSA

(MCLD)

, which reached a restructuring plan with Forstmann Little and a group of secured lenders earlier this week, was up 2.9% to 35 cents in extra trading.

Oracle

(ORCL) - Get Report

, whose CEO, Larry Ellison, has been fairly optimistic the last two days, was active but unchanged, at $15.37.

In the first half hour of trading, around 3 million shares had changed hands on the Instinet platform among the 20 most active stocks.

Cisco

(CSCO) - Get Report

was flat at $21.54, and

Dell

(DELL) - Get Report

was tacking on 0.1% at $29.69. The

Nasdaq 100 Tracking Stock

(QQQ) - Get Report

was unchanged at $42.83, and

General Electric

(GE) - Get Report

, which normally doesn't make the volume leaders' list in after-hours trading, was level at $37.55.

Intel

(INTC) - Get Report

was inching ahead by 0.2% to $34.69, and

ExxonMobil

(XOM) - Get Report

traded up 2.6% to $39.90.

Many of the biggest percentage gainers and losers were small stocks trading on exceedingly light volume.

Joy Global

(JOYG)

, a maker of mining equipment, was up 12.3% to $18.88, but only 1,000 shares had moved.

Dixie Group

(DXYN) - Get Report

, a carpet and rug maker, was off 11% to $4.45, but the issue wasn't being actively traded.

Insituform Technologies

(INSUA)

, a provider of services for rehabilitating sewer, water and other underground piping systems, was losing 5.1% to $23.05.

Among other movers,

Pacific Sunwear

(PSUN)

was down 5.6%, and

XM Satellite Radio

(XMSR)

was dropping 8.2%.

Enron

(ENE)

fell 15.8% to 85 cents.