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eBay, Ma Bell Boost Stocks
Published by: admin 2008-11-20

Better than expected results from eBay and AT&T continued the market's run on Wednesday.

The Nasdaq rose 14 to 1466, the S&P 500 gained 7 to 919, and the Dow rose 30 to 8515. Volume declined to 1.61 billion shares on the NYSE, and rose to 1.82 billion on the Nasdaq. Advancers led 20-12 on the NYSE, and 19-11 on the Nasdaq. Upside volume was 68% on the NYSE, and 67% on the Nasdaq. New highs-new lows were 194-18 on the NYSE, and 162-24 on the Nasdaq.

FCC: No Need to Keep Long-Distance Apart - Netscape Money & Business::
MSCI prices secondary stock offering of 23M shares. • Stocks trade mixed after that the old AT&T, once known as ``Ma Bell, was split to create in 1982.
http://channels.netscape.com/pf/story.jsp?floc=FF-APO-1333%2F1802681151.htm&sc=1333
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After the close, Qualcomm, Digital River, Intersil, eResearch and Micromuse rose on better than expected results. Symantec, Overture, Veritas, Microchip, Siebel and KLA-Tencor declined on disappointing earnings.

InternetNews Realtime IT News - Massachusetts Regulators Give Bell ::
Oil, GM Slam Stocks Again. Hey Enterprise: Here Comes the 3G iPhone eBay Has to Pay in Fake Goods Case. Lo-Jack For Laptops?
http://www.internetnews.com/xSP/article.php/123141
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During the day, eBay surged 5.7% to a new 52-week high on better than expected earnings and guidance, and AT&T soared 23% after beating estimates.

TechBlog: 10 things I love, 10 things I hate about Windows Vista::
Linkpost | 6.13.2007 | Main | Forget Big Brother, here comes Ma Bell! June 13, 2007 Jaguar / Panther / even OS 9 CDs can go for $20-30 on eBay.
http://blogs.chron.com/techblog/archives/2007/06/10_things_about_windows_vista.html
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AOL gained 5% on better than expected results, while Ask Jeeves fell 9% despite topping estimates.

CheckFree, WebSense and StorageTek surged on their earnings reports.

Microsoft slipped 2 cents ahead of the release of Windows Server 2003.

Motorola climbed 3.7% on a 3G venture.

webMethods rose 4.5% as it neared Jboss integration.

Amazon slipped on children's privacy concerns.

Cymer gained on its earnings report, while PeopleSoft, Corning, Advanced Fibre and Hutchinson fell on their reports.

Market Commentary: For our free daily market commentary and technical analysis, please visit the InternetStockReport.com home page at:

http://www.InternetStockReport.com.




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