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Morning stock check: Adobe Systems up, SanDisk down
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Related Topics: SAN FRANCISCO
SAN FRANCISCO (Map, News) - Adobe Systems Incorporated (ADBE) was performing well in early trading, up more than five percent on Tuesday. NVIDIA Corporation (NVDA), which recently earned international kudos for its business model and products, was not far behind, up nearly three percent. BEA Systems, Inc. (BEAS) was also up.
SanDisk Corporation (SNDK), however, was trending downward nearly three percent on Tuesday morning. Google Inc. (GOOG) and Safeway Inc. (SWY) were also trading downward.
Apple Inc. (AAPL) was trading at highest volume, at more than 5.3 million shares changing hands. Intel Corporation (INTC) and Adobe Systems Incorporated (ADBE) were also trading up at nearly 5 million shares each.
The Dow Jones Industrial Average, overall, has been up and down in early trading, but is trading upward at more than a third of a percent.
In other stock news, Intel said Tuesday it would sell telecommunications assets of the company's optical platform division to Emcore Corp., a chip materials maker, for $85 million. Telecom assets include intellectual property, assets and fiber-optic technology.
Security software company Symantec Corp. said Tuesday a Los Angeles federal court awarded $21 million in damages against a network of counterfeit Symantec software distributors.
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
re: "Morning stock check: SanDisk up, eBay down"
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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
re: "Morning stock check: SanDisk up, eBay down"
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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.
195 agree | 213 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.
205 agree | 230 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
198 agree | 209 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.
235 agree | 246 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.
252 agree | 215 disagree
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