Not directly related, but it may affect many high techs from AMAT to TDFX. biz.yahoo.com
NEW YORK, March 4 (Reuters) - The shares of the largest U.S. computer company, CompUSA Inc. (NYSE:CPU - news), continued to slip in after-hours Thursday after it said it expects a shortfall in third and fourth quarter results due to weak same store sales.
On the Instinet, CompUSA shares last traded at $7.75, off 69 cents. Before the announcement, they fell $1 to $8.44, setting a new 52-week low on double the average trading volume on the New York Stock Exchange.
Perot Systems Corp. (NYSE:PER - news) stock remained unmoved in after-hours even though the Dallas information technology company run by Texas billionaire presidential candidate Ross Perot, reported fourth quarter earnings that outpaced market expectations.
Net income for the quarter ended December 31 rose to 13 cents compared with a net loss of three cents from a year- earlier period, on a 20 percent surge in revenues. Average analysts' consensus polled by First Call was for 14 cents earnings per share.
Sun "so what is this TDFX news that we'll hear on Monday?" Tzu |
