The after-hours session attracted plenty of traders Wednesday, as earnings news combined with analysts' opinions to keep stocks active.

A little more than 2 million shares changed hands in the first 30 minutes of Instinet trading after the bell.

The Nasdaq 100 Tracking Stock ( QQQ) was the most active issue on Instinet, where it was flat at $35.37. WorldCom ( WCOM) was the No. 2 volume mover, but the stock remained unchanged at $12.45.

Electronic Data Systems ( EDS) was losing 50 cents to $61.50, even though the company beat analysts' estimates for the latest quarter by a penny.

Foundry Networks ( FDRY) was the biggest percentage loser on Instinet, dropping 10.1% to $9.91. After the close, Foundry reported revenue for the third quarter of $74.7 million, down from $113.2 million in the same period last year. Income, excluding noncash charges, dropped to $2.5 million, or 2 cents a share, from $28.6 million, or 23 cents a share, a year ago. Analysts were looking for earnings of 5 cents, according to First Call.

Netegrity ( NETE) was the early percentage gainer, climbing 3.7% to $14.25. Netegrity posted third-quarter revenue of $16.7 million and a loss of $2.4 million, or 8 cents a share. Wall Street was looking for a loss of 9 cents. In the year-ago period, the company earned $911,000, or 3 cents a share.

Not surprisingly, big-tech names were also among the most popular plays in the late session, with JDS Uniphase ( JDSU) inching down 0.2% to $9.05. Cisco ( CSCO) was also off 0.2%, to $17.19, but Oracle ( ORCL) tacked on 0.3% to $14.70.

Energy-trading concern Enron ( ENE) slipped 0.7% to $16.30. The stock has sold off sharply in the last week and a half as questions surfaced about the quality of the company's earnings and the Securities and Exchange Commission asked Enron for more information about its relationship with a series of investment vehicles.

Traders were also busy moving Network Appliance ( NTAP), sending the shares up 1.7% to $13.