(Updated from 7:37 p.m. EST)

Investors may have cleared their evening schedules for tonight's series of political addresses -- Democrat Al Gore's concession speech at 9 p.m. EST, to be followed by Republican George W. Bush's victory remarks at 10 p.m. EST. But, with a surfeit of company news tonight, they also made time to trade.

Technology stocks, which suffered during the regular session as the Nasdaq Composite Index dropped 109 points, or 3.7%, to 2823, recovered ground on the night watch.

Shares of Sun Microsystems ( SUNW - Get Report), which dropped 6.3%, to $31.75, touching a fresh 52-week low of $31.50 during the day, lifted 1%, to $32.06, on Island ECN and climbed 0.8%, to $32, on Instinet.

Other large-cap technology stocks Cisco ( CSCO) and Intel ( INTC) profited in after-hours trading. Cisco climbed 1%, to $51.63, on Instinet and added 1.2%, to $51.75, on Island, while Intel advanced 0.4%, to $35.63, on Instinet.

Moving on to the names that made headlines this evening, software manufacturer Verity ( VRTY) posted second-quarter earnings of 23 cents a share, topping Wall Street's estimate of a 20-cent-per-share profit and beating the year ago 3 cents per share result.

Verity's good report sent its stock up 13.8% to $21.13 on Island ECN and higher 15.8%, to $21.50, on Instinet. The company said that revenue for the second quarter totaled $34.5 million, up 107% from the year-ago $16.7 million. Verity anticipates revenue for the second half of fiscal 2001 to fall in the range of $41 million and $42.5 million.

Elsewhere, Sanmina ( SANM - Get Report), a provider of electronic manufacturing services, announced that its board approved a 2-for-1 stock split of the company's common stock. That news lifted Sanmina's shares 5.5%, to $77.38, on Island and higher 2.7%, to $75.38, on Instinet.

In other news, a Delaware judge refused to block a merger between WorldCom and Intermedia Communications ( ICIX). The union was opposed by minority shareholders of Digex ( DIGX), which is partly owned by Intermedia.

On the night watch, Intermedia Communications surged 6.6%, to $13, on Island and popped 10%, to $13.52, on Instinet, while WorldCom fell 4.1%, to $17.44, on Instinet and dropped 1.7%, to $17.88, on Island.

10 most active stocks on Instinet (6 p.m. EST)
Company Price Change Session Volume
Intermedia Communications (ICIX) 13.52 +1.27 1,271,200
WorldCom 17.44 -0.75 348,198
Sun Microsystems (SUNW - Get Report) 32 +0.25 303,707
Cisco Systems ( CSCO) 51.63 +0.50 227,178
Comcast ( CMCSK) 35.98 -2.58 192,654
Intel ( INTC) 35.63 +0.13 113,610
Oracle (ORCL) 29.38 +1 99,716
Sanmina ( SANM) 75.38 +2 97,280
Microsoft (MSFT) 57.98 +0.73 93,914
Dell Computer (DELL) 20.63 +0.19 91,620

This information is provided by Instinet, a wholly owned subsidiary of Reuters . For further information, please contact Instinet at www.instinet.com.

10 most active stocks on Island ECN (7:30 p.m. EST)
Company Price Change Session Volume
Intermedia Communications (ICIX) 12.63 +0.38 171,179
Sun Microsystems (SUNW - Get Report) 32.06 +0.31 133,880
Digital Island (ISLD) 7.19 +0.97 101,364
Infospace (INSP) 12.13 +0.45 84,048
CMGI /FONT> 10.06 +0.44 61,747
Cisco Systems ( CSCO) 51.75 +0.63 56,162
WorldCom 17.88 -0.31 55,403
Nasdaq 100 (QQQ) 69.06 n.a. 48,611
Verity (VRTY) 21.13 +2.56 47,194
Microsoft (MSFT) 57.84 +0.59 46,485

Island ECN, owned by Datek Online, offers trading, mainly in Nasdaq-listed stocks, from 7 a.m. to 8 p.m. EST.

Confused? TheStreet.com explains how the rules change when the sun goes down in Investing Basics: Night Owl, a section devoted to after-hours trading.