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Tuesday's hot stocks
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November 9, 1999: 11:46 a.m. ET
Amylin rises on drug success; Be Inc. gains on Sun Microsystems alliance
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NEW YORK (CNNfn) - A promising product development lifted stock in a drug maker Tuesday while an alliance with Sun Microsystems vaulted shares in a maker of operating systems.
Stock in Amylin Pharmaceuticals Inc. (AMLN) rose 22 percent after saying its lead diabetes drug candidate, Symlin, has showed success in trials.
San Diego based Amylin jumped 1-1/16 to 5-13/16.
Be Inc. (BEOS) gained 18 percent after the maker of processing operating systems announced a deal to work with Sun Microsystems (SUNW) on a technology platform. Terms were not disclosed.
The Menlo Park, Calif.-based company rose 1-3/16 to 7-11/16.
Telxon Corp (TLXN) rose 13 percent after the maker of wireless telecommunications systems reported fiscal second-quarter net income of $15.0 million, or 92 cents per share. That compares with Telxon's losses of $6.3 million, or 39 cents par share, in the year-earlier period.
Stock in the Akron, Ohio-based company advanced 1-9/16 to 13-7/8.
Jack in the Box Inc. (JBX) popped up 11 percent after the fast-food chain reported record fourth-quarter earnings of $18.3 million, or 47 cents per diluted share, compared with earnings of $12.4 million, or 31 cents per diluted share, in the year-ago period.
San Diego-based Jack in the Box rose 2-1/4 to 22-3/4.
Master Graphics Inc. (MAGR) fell 21 percent after the provider of printing services said third- quarter losses were $5.2 million, or 66 cents per diluted share.
Investors may have also been spooked by the company's announcement that Donaldson, Lufkin & Jenrette and Prudential Securities were hired to explore "strategic alternatives" for enhancing "shareholder value."
Memphis-based Master Graphics fell 9/16 to 2-1/16.
Stock in Allied Waste Industries Inc (AW) dropped 9 percent after the waste hauler reported third-quarter earnings below estimates, and said it expected weakness in fourth-quarter and 2000 results.
Scottsdale, Ariz.-based Allied Waste fell 7/8 to 9-3/8.
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