Intel (INTC) - Get Intel Corporation (INTC) Report was down 0.3% in preopen Island trading, failing to hold the upward momentum it gained after the Fed interest rate cut Wednesday afternoon.

Other big tech stocks were also lower in the preopen.

Sun Microsystems

(SUNW) - Get Sunworks, Inc. Report

was down 1.5% and

Microsoft

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(MSFT) - Get Microsoft Corporation (MSFT) Report

was down 0.9%.

But

Cisco Systems

(CSCO) - Get Cisco Systems, Inc. Report

gained 3.3%.