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Morning stock check: VMware rising, Advanced Micro Devices down
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Related Topics: SAN FRANCISCO
SAN FRANCISCO (Map, News) - Palo Alto-based software company VMware, Inc. (VMW) continued leading the pack in early trading — a trend it has enjoyed for much of this week — with shares up nearly 7 percent Wednesday. SunPower Corporation (SPWR) and NVIDIA Corporation (NVDA) were also up. The success of Santa Clara-based NVIDIA comes on the heels of an announcement of an award from the Global Semiconductor Alliance touting its products and vision.
Advanced Micro Devices, Inc. (AMD) was down nearly 2 percent, with Verisign, Inc. (VRSN) and BEA Systems, Inc. (BEAS) also losing some traction.
Cisco Systems, Inc. (CSCO) continued its trend of high morning trading, with more than 16 million shares changing hands. Apple, Inc. (AAPL) and Intel Corporation (INTC) continued their own trends of high trading.
Overall, the Dow Jones Industrial Average Index is trending upward at nearly one percent, currently sitting above 13,500 points.
In other stock news, Yahoo! Inc. (YHOO) said Wednesday it will be distributing financial Web site video and articles generated by CNBC, a business news network. Hewlett-Packard Co., the world's largest personal computer maker, said, per analysts' projections, it will see slower revenue growth in 2009.
Comments from Examiner Readers
8:35 AM MST on Thu., Nov. 8, 2007 re: "Morning stock check: SanDisk up, eBay down"
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3:28 PM MST on Wed., Nov. 7, 2007
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7:11 PM MST on Thu., Nov. 1, 2007
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10:01 PM MST on Mon., Oct. 22, 2007
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3:35 PM MST on Mon., Oct. 22, 2007
re: "Morning stock check: SanDisk up, eBay down"
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Examiner Reader said:
in my experience. Tried EBAY a few times. Every time it summed up as ME posting stuff and paying to post it and getting NO sale. I now use Craigs list exclussively. Sold my car through Craigs few months back took 3 days and got like multiple calls from real buyers. Craigs was way Cheaper AND much better results - made it a nobrainer. Anyone says different must be an investor or employee of EBAY. This seller never using Ebay again ever.
194 agree | 212 disagree
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Examiner Reader said:
It's ironic that some people fault E-Bay for "being greedy and making money," when in fact it's the people who use E-Bay to try to sell their wares who are "being greedy and making money." I guess if a business tries to maximize their profit, it's bad, but if a private citizen tries to do the same, then that's how capitalism works.
204 agree | 229 disagree
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Examiner Reader said:
Ebay has gotten greedy and is also trying to FORCE everyone to use PayPal to get more money from the seller. J K
197 agree | 208 disagree
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Examiner Reader said:
Absolutely agree, The fees make it largely unprofitable to sell anything anymore. It's also the reason you see a lot of items with a value of $65.00 selling for $1.00 but carrying freight charges of $60.00. You don't pay fees on the freight. It's against ebay policy, but everyone does it (even though ebay encourages you to turn violators in through the new feedback system). It's also become a haven for Phishers and Nigerian Scammers. Ebay can't end the fraudulent auctions fast enough. They've definitely lost their lustre. I hardly buy or sell anything over there anymore. The've just become GREEDY.
234 agree | 245 disagree
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Examiner Reader said:
I hope eBay goes to HELL!! They are like Wal-Mart in every sense. Profits, profits and more profits. The employees/sellers can get lost as far as either of the companies are concerned. It is truly all about the money.
251 agree | 214 disagree
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