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To: lindelgs who wrote (29108)	8/16/2000 5:59:55 PM
From: lindelgs	Read Replies (1) \| Respond to of 35685

Hewlett-Packard Soars After Profit Report: After-Hours Trading By Stephen Cohen New York, Aug. 16 (Bloomberg) -- Hewlett-Packard Co. soared in extended trading, after the world's No. 2 computer maker said fiscal third-quarter profit rose on higher sales. The company also announced a 2-for-1 stock split, sending it surging 8 3/16 to 119 5/8 from its close on the New York Stock Exchange. Hewlett-Packard rose 1 7/16 to 111 7/16 during the regular session. The company earned 99 cents a share, beating the average estimate of analysts surveyed by First Call/Thomson Financial by 14 cents a share. Before today, the stock rose 25 percent this year. In extended trading, Immunex made up some of its losses from the regular session, gaining 11/16 to 41 after slipping 6 3/4 to 40 5/16. More than 1 million shares traded in the after-hours session and 20 million during regular trading, three times the three-month average volume. The biotechnology company, which has dropped 25 percent since American Home Products Corp. said last week it would give up its majority stake in the company, said it has not yet found an effective dose for its experimental Nuvance asthma drug. Novell Inc., the third-worst performing member of the Standard & Poor's 500 Index this year, fell 1 1/16 to 9 7/8. The software maker said net income fell 83 percent and the company continued to lose business to its competitors.