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Hot stocks: Boeing
graphic October 26, 2001: 5:07 p.m. ET

Jet maker's shares rise while awaiting news of possible contract.
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    NEW YORK (CNNmoney) - Shares of jet manufacturer Boeing Co. rose 4.96 percent Friday as investors awaited news of a possible contract with the Pentagon for a new series of fighter planes.

    Broadcom Corp.'s shares dipped after the U.S. International Trade Commission barred the U.S. sale of certain Broadcom communications chip products that infringe on Intel Corp. patents.

    Friday's winners

    Boeing (BA: up $1.78 to $37.68, Research, Estimates). Shares rose on the possible award of a contract with the Pentagon for a new phase of fighter jets. But after the bell, the government awarded the contract to competitor Lockheed-Martin (LMT: up $1.02 to $49.92, Research, Estimates).

    WorldCom Group (WCOM: up $1.07 to $13.38, Research, Estimates). The company's shares jumped Friday after Merrill Lynch upgraded the stock's status.

    Aspen Technology (AZPN: up $1.85 to $13.35, Research, Estimates). Several brokerages offered positive commentary on the manufacturing software company after it said late Thursday that its fiscal first-quarter loss was short of Wall Street estimates.

    Overture Services (OVER: up $6.45 to $25.50, Research, Estimates). The Internet services company, formerly GoTo.com, said it earned 15 cents in the third quarter while analysts expected 2 cents. The company also raised guidance for the fourth quarter and for 2001.

    Centillium Communications (CTLM: up $1.15 to $6.00, Research, Estimates). Robertson Stephens upgraded the maker of integrated circuits for digital subscriber line (DSL) equipment.

    Ecometry (ECOM: up $1.04 to $2.54, Research, Estimates). The software provider said late Thursday that it has accepted a management-led buyout offer of $2.70 per share, subject to shareholder approval.

    Avant! (AVNT: up $4.16 to $11.30, Research, Estimates). The software company reported third-quarter results that soared past estimates and built on earnings from the same period a year ago.

    Metro One Telecommunications (MTON: up $3.89 to $31.54, Research, Estimates). The telecom services company bested estimates in its third quarter and upped forecasts.

    Ericsson (ERICY: up $0.13 to $4.48, Research, Estimates). The telecom maker said sales fell 19 percent in the third quarter but reported a stronger-than-expected cash flow.

    Human Genome Sciences (HGSI: up $2.83 to $43.97, Research, Estimates). The biotech firm's loss widened as its revenue dropped amid expiration of the company's Human Gene Consortium.

    Taiwan Semiconductor (TSM: up $0.65 to $13.90, Research, Estimates). The company earned 1 cent per share in the third quarter, in line with estimates. It said it believes that business bottomed in the second quarter and it sees further growth in the fourth quarter.

    Friday's losers



    Enron Corp. (ENE: down $0.95 to $15.40, Research, Estimates). Shares in the company dipped as company officials tried to curb fears of a credit crunch.

    Broadcom Corp. (BRCM: down $1.95 to $37.05, Research, Estimates). Shares of the stock plummeted after the U.S. International Trade Commission barred the U.S. sale of certain Broadcom communications chip products that infringe on Intel Corp. patents.

    Scansource (SCSC: down $13.22 to $43.70, Research, Estimates). Raymond James downgraded and cut estimates on the distributor of automatic identification and point-of-sale products after it guided lower on its second-quarter results. The company also reported fiscal first-quarter earnings of 73 cents per share, in line with estimates.

    Ballard Power (BLDP: down $1.59 to $30.74, Research, Estimates). Wedbush Morgan downgraded the fuel cell developer to "sell" from "hold."

    VeriSign (VRSN: down $10.52 to $42.82, Research, Estimates). The Internet security company posted a third-quarter profit of 17 cents a share, edging estimates by a penny. The company also filed a $750 million common stock issue.

    JDS Uniphase (JDSU: down $1.19 to $8.77, Research, Estimates). The fiber optics maker reported a first-quarter loss and said it sees sales dropping 10-to-15 percent in the second quarter.

    Kenneth Cole (KCP: down $1.60 to $12.40, Research, Estimates). The clothing designer warned about its fourth-quarter late Thursday and also said it earned 29 cents a share in the third quarter, edging estimates by a penny.

    OpenTV (OPTV: down $1.55 to $7.50, Research, Estimates). ABN Amro cut 2001 estimates on the digital interactive television software developer after it said its third-quarter loss doubled from the previous year. The company lost 10 cents per share, a penny worse than expected.

    Corvis (CORV: down $0.09 to $2.23, Research, Estimates). The maker of switching and routing equipment for fiber optic networks said it lost 11 cents in the third-quarter, meeting estimates. Banc of America cut its price target on the stock to $6 from $14.

    Flextronics (FLEX: down $2.96 to $21.72, Research, Estimates). The manufacturer posted a second-quarter profit that missed estimates by a penny and said it will cut 15 percent of its work force.  graphic


    --from staff and wire reports

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    Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

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