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To: StanX Long who wrote (58685)1/11/2002 12:49:51 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Stocks to watch Friday
January 10, 2002: 5:55 p.m. ET

Rambus and Rational beat the Street; Borders raises guidance.

money.cnn.com

NEW YORK (CNN/Money) - Technology earnings arrived after the bell Thursday with chipmaker Rambus and Rational Software beating Wall Street forecasts.

Rambus (RMBS: Research, Estimates), which makes money primarily from licensing its technology used to speed up computer memory systems, said it earned $6.2 million, or 6 cents per share, in its fiscal first quarter.

The company's most recent profit is half what it earned during the same quarter last year but was 2 cents per share better than the 4 cents per share analysts generally had been expecting, according to two analysts surveyed by earnings tracker First Call.

The stock rose 64 cents to $9.23 after hours.

Rational Software (RATL: up $0.33 to $22.17, Research, Estimates) logged a fiscal third-quarter operating profit that topped analysts' expectations on sales that slipped 21 percent from the same period last year.

After hours shares of Rational rose 43 cents to $22.60.



To: StanX Long who wrote (58685)1/11/2002 2:44:24 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Friday January 11, 2:18 PM

Tokyo stocks end down, overshadowed by credit woes
(Updates to close)

sg.biz.yahoo.com

TOKYO, Jan 11 (Reuters) - Tokyo stocks sank for a fourth day on Friday, having returned to the level before their New Year rally, as a pause in the yen's fall shifted investor attention back to weak fundamentals due to Japan's bad-debt woes.

UFJ Holdings <8307.T>, the smallest of Japan's four mega- banking groups, led the bank sector lower, while debt-ridden Daiei Inc <8263.T> stayed in the spotlight after Standard & Poor's on Thursday cut the retailer's corporate credit rating.

"The market is again haunted by credit jitters because banks' bad-loan problems remain unsolved," said Masaharu Sakudo, managing director at Tachibana Securities.

"Some are even afraid of a corporate failure, which would give a hefty blow to clients, shareholders and banks, possibly as early as this three-day weekend."

Japanese financial markets are closed on Monday for the Coming of Age Day holiday.