The Night Watch: Tech Stocks Mixed After Rough Regular Session
After-hours action was moderate Tuesday while traders tried to regroup from an across-the-board selloff in
regular trading.
Volume was considerably lighter than Monday's extra session. In the first 45 minutes of trading, around 2.5 million shares had changed hands among the 20 most active stocks on the Instinet platform.
The most active issue was
priceline.com
(PCLN)
, which inched up 0.4% to $5.18.
OpenWave
(OPWV)
was climbing 1% to $6.26.
Software makers had a rough session
after a warning from
PeopleSoft
(PSFT)
tripped up the sector. In extra trading, investors weren't seeing many bargains, as the stocks mainly continued to tick lower.
PeopleSoft was losing another 0.8% to $24.95.
Microsoft
(MSFT) - Get Report
was off 0.1%,
Oracle
(ORCL) - Get Report
was flat, and
Siebel
(SEBL)
was down 0.2%.
Hardware-related stocks were holding their ground. Data storage outfit
Network Appliance
(NTAP) - Get Report
was flat, as were chipmaker
Intel
(INTC) - Get Report
and contract manufacturers
Flextronics
(FLEX) - Get Report
and
Jabil
(JBL) - Get Report
.
Elsewhere,
Cisco
(CSCO) - Get Report
was up 0.1%, and the
Nasdaq 100 Unit Trust
(QQQ) - Get Report
was off 0.2%.









