The Night Watch: Traders Snooze Through Late Session - TheStreet

The Night Watch: Traders Snooze Through Late Session

Widely held tech names dominate quiet trading. Oracle and WorldCom inch higher.
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The extended session was a sluggish continuation of regular trading Wednesday as the lack of news prevented any breakout moves.

As is usually the case on slow news days, widely held technology issues dominated the Instinet leader board after the 4 p.m. EST close of the regular session. Overall, volume was light. In the first half-hour of late trading on Instinet, around 1.5 million shares changed hands among the top 20 volume movers.

Cisco

(CSCO) - Get Report

was the volume leader, dropping 0.2% to $19.20.

Oracle

(ORCL) - Get Report

was up 0.1% to $14.

WorldCom

(WCOM)

was up 0.3% at $14.55, and

Intel

(INTC) - Get Report

was slipping 0.1% to $32.98.

Axcelis Technologies

(ACLS) - Get Report

was one of the late session's biggest losers, shedding 2.5% at $12.87.

EarthLink

(ELNK)

was seeing some action, giving back 1.6% to $12 after the close.

Network Associates

(NETA)

was one of the big winners, climbing 2% to $25.48.

Siebel Systems

(SEBL)

was up 0.1% to $29.27, and

Microsoft

(MSFT) - Get Report

was tacking on 0.1% to $67.11.

Sun Micro

(SUNW) - Get Report

and

JDS Uniphase

(JDSU)

were flat.

The index tracking stocks were fractionally higher. The

Nasdaq 100 Tracking Stock

(QQQ) - Get Report

was up 0.1% to $40.15, and the

S&P 500 Depositary Receipts

(SPY) - Get Report

were gaining 0.1% to $115.66.