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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Night Writer who wrote (88891)1/17/2001 7:02:22 PM
From: Piotr Koziol  Respond to of 97611
 
NW, re: AAPL - maybe it's not so bad, here is AHT update:

After the Bell - IBM, Apple head higher

(UPDATE: Updates prices throughout, Compaq, Hewlett-Packard in graph 6, Extreme Networks in graph 9)

NEW YORK, Jan 17 (Reuters) - Computer-related shares rose, led by a surge in International Business Machines Corp.
(NYSE:IBM - news), in after-hours trading on Wednesday after the world's No. 1 computer maker posted fourth-quarter
earnings that beat Wall Street's expectations.

IBM reported fourth-quarter profit rose 28 percent, slightly exceeding analyst expectations, and said it was well placed to weather any economic downturn.

IBM shares traded at $102-3/8 on the Instinet electronic brokerage systems after closing Wednesday's regular trading session at $96-11/16.

Shares of Apple Computer Inc. (NasdaqNM:AAPL - news) also moved higher in after-hours trading after reporting its first loss in three years on Wednesday
but beating previously lowered targets for its first fiscal quarter.

Stock of the computer maker, best known for its Macintosh computers, traded at $17-11/16 in after-hours, up from its close of $16-13/16.

Rival computer maker Compaq Computer Corp. (NYSE:CPQ - news) edged up to $18.99 on Instinet from a close of $18.67, while Hewlett-Packard Co.
(NYSE:HWP - news) rose to $32-1/2 from a close of $31-5/8.