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Hot Stocks: 'Moody' Xerox
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December 1, 2000: 7:10 p.m. ET
Snowball.com and Segue Software suffer setbacks; Intel, Broadvision rebound
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NEW YORK (CNNfn) - Semiconductor bellwether Intel recovered slightly in after-hours trading after the stock plunged 10 percent during regular trading Friday after an analyst cut his earnings forecast for the company. Shares of Xerox suffered based on an earlier lowered rating of the company.
Friday's after-hours winners
Intel (INTC: Research, Estimates) up 69 cents to $34.81. The company stock rebounded after Credit Suisse First Boston cut its 2001 earnings estimate for the chip maker earlier Friday.
Palm (PALM: Research, Estimates) up 50 cents to $41.19. Goldman Sachs said it thought the handheld device maker was "on track" and its valuation was "compelling."
Broadvision (BVSN: Research, Estimates) up 38 cents to $20.50. Despite more than a 10 percent decline Friday, based on an analyst downgrade, the application software solutions developer managed to make gains during after-hours.
Friday's after-hours losers
Snowball.com (SNOW: Research, Estimates) down 6 cents to 56 cents. The operator of a network of destination Web sites that offer content, community and commerce to the Internet generation lost 10 percent in after-hours.
Segue Software (SEGU: Research, Estimates) down 50 cents to $3.06. The developer of software products and provider of related professional services for the management and testing of electronic business applications gave back more than 14 percent.
WEBB Interactive (WEBB: Research, Estimates) down 62 cents to $2.38. Earlier Friday the stock jumped with news of WEBB executives will purchase shares of the e-commerce applications developer to show their confidence in the company, but fell in after-hours.
U.S. Wireless (USWC: Research, Estimates) down 31 cents to $7.44. Global Technologies (GTLL: Research, Estimates) -- which invests in and develops e-commerce, telecommunications and networking companies -- said late Thursday it would sell part of its holdings in the wireless-communication services company for funds to pay an outstanding obligation.
AppliedTheory (ATHY: Research, Estimates) down 12 cents to $2.25. News of the Internet-services company being awarded a five-year, $82 million hosting and services contract from America's Job Bank help make gains earlier Friday but shares gave back later.
Friday's after-hours newsmakers
Xerox (XRX: Research, Estimates) down 69 cents to $6.25. Shares of the office copier maker plunged nearly 10 percent during regular trading Friday after Moody's Investors Service lowered the long-term senior unsecured credit rating of the company.
JDS Uniphase (JDSU: Research, Estimates) up 50 cents to $56.69. The fiber optic maker rebounded after Thursday's sell-off.
Cisco (CSCO: Research, Estimates) up 88 cents to $49.38. The computer networking equipment maker made modest gains after-hours ahead of next week's meeting with analysts.
Microsoft (MSFT: Research, Estimates) up $1.38 to $58. The software maker gained over 2 percent.
Oplink Communications (OPLK: Research, Estimates) down 31 cents to $11.75. Robertson Stephens initiated coverage of the fiber-optic component company with a "buy" rating earlier, which helped the stock go up, but shares gave back in after-hours.
-- compiled by Mark Gongloff and Lucy Banduci from staff and wire reports 
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