[clari.nb.business] Weekly Report on Technology Stocks - February 02, 1990

newsbytes@clarinet.com (02/04/90)

NEW YORK, NEW YORK, U.S.A., 1990 FEB 03 (NB) -- Technology stocks
finished mixed this week with the spotlight falling on Compaq,
resulting in a $3 increase due to an improving profit situation.

Also in the limelight, Apple Computers finished the week at
$34.25, while Adobe saw 627,500 shares changing hands with its
stock ending the week at $24.25. Computer Associates ended the
week at $12.375, with Digital Equipment at $76.375, HP at $44.625
and IBM finishing the week at $98.37.

Intel was one of the most active issues on Friday with more than
1,521,000 shares changing hands ending at $39.00. Mentor Graphics
stood at $15.whilst 25, National Semiconductor stood at $6.125.
Oracle ended the week at $21.25 with Seagate at $17.125. Seagate
traded 1,239,000 shares in the week.

Tandem was up a little at $27.50 after 1,116,300 shares were
traded, whilst Sun moved to $19.375 with more than 1,284,500
shares changing hands

The Newsbytes Stock Index (NSI) finished the week at 10.60, up
slightly from last week. 425 technology stocks were traded with a
total traded volume of 26,652,400 shares. The total price of
technology stocks stood at 4,505.98 for the week.

(Peter Vekinis/19900203)