To: Jill who wrote (3638 ) 9/25/2000 7:21:38 PM From: Sully- Respond to of 65232 Hewlett-Packard Drops After Hours as Rival Cuts Profit Forecast 9/25/00 3:37:00 PM Source: Bloomberg News URL: cnetinvestor.com New York, Sept. 25 (Bloomberg) -- Hewlett-Packard Co., the world's largest maker of computer printers, fell in extended trading after rival Lexmark International Inc. said profit in the second half of the year will be lower than analysts expected. Shares of Hewlett-Packard dropped 3.94, or 3.9 percent, to 97.38 in trading after the 4 p.m. close of the New York Stock Exchange. It fell 2.38 to 101.31 during normal trading hours.Lexmark, the No. 2 maker of laser printers, blamed the shortfall on low inkjet cartridge sales and unfavorable exchange rates. Lexmark is the latest of several companies, including McDonald's Corp. and Goodyear Tire & Rubber Co., to warn that profits will miss estimates in part because of the weakness of the euro, which has fallen 13 percent against the dollar this year. Trading in Lexmark shares was halted shortly after its announcement. The shares fell 2.63 to 52 during normal trading. Sprint PCS Group, the second-most active stock after hours, extended its gains, rising 25 cents to 31.56 as the wireless telephone unit of Sprint Corp. was raised to ''buy'' from ''neutral'' by Lehman Brothers Inc. analyst John Bensche. Cisco Systems Inc., the No. 1 maker of computer networking equipment, rose 1.06 to 58.25. Communications chipmaker Analog Devices Inc. fell 7.63 to 82 after-hours. It rose 1.13 to 89.50 earlier in the day. Among the most actively traded shares after hours were Bestfoods, which was unchanged at 72, and Intel Corp., which gained 6 cents to 45.44. Lennox International Inc., the fifth most active stock, was unchanged at 9.25. Futures on the Standard & Poor's 500 Index rose 0.10 to 1,461.10 in overnight trading, indicating that the underlying shares will be little changed when trading resumes. Ö¿Ö