The Stocks Wall Street Is Watching

The following stocks may be
impacted due to significant news as noted:

Internet portal Yahoo!
(
YHOO |
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has beaten
its fourth-quarter earnings expectations by $0.02 with profits of $0.08. The
company has guided in-line for the full year 2003, though has been downgraded by
CSFB to “underperform” from “neutral” due to valuation.

Biotech firm Genetech
(
DNA |
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has met its
fourth-quarter earnings estimates, and has reported stronger sales. The company
has been upgraded by Thomas Weisel to “buy” from “attractive”, and is up over 4%
in the pre-market.

In the drug making business, Abbott Labs
(
ABT |
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has missed its fourth-quarter earnings expectations by $0.01 with profits of
$0.55 per share. The company has also lowered guidance for the full year 2003,
IDEC Pharmaceuticals
(
IDPH |
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has pre-announced its fourth-quarter
earnings $0.04 above expectations with profits of $0.26 per share, and Forest
Labs

(
FRX |
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has beat its third-quarter earnings expectations by $0.02with
profits of $0.47 per share.

In the software sector, Symantec
(
SYMC |
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has beat its third-quarter earnings expectations by $0.08 with profits of $0.47
per share.

Retailer Sears Roebuck
(
S |
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has beat its
fourth-quarter earnings expectations by $0.20 with profits of $2.11.

 Pre-market action:

[BMRN|BMRN[ +6.5%,
(
IDPH |
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+5.5%,
(
SYMC |
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+4.5%,
(
DNA |
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+4.4%,
(
MRCY |
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+4%,
(
SIMG |
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+2.9%,
(
NFLX |
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+2.5%,
(
S |
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+1%,
(
WPI |
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+0.8%.


(
YHOO |
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-5.5%,
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ACF |
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-5.5%,
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QLGC |
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-4%,
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CMA |
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-4%,
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JDEC |
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-4%,
(
ELX |
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-3.4%,
(
MOT |
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-2%,
(
QCOM |
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-1%,
(
AAPL |
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-0.8%.