News Vacuum; Stocks Easing
With little in the way of economic news other than consumer credit numbers
due out at 3:00 PM ET, stocks are set to open to the downside Friday.
The Nasdaq futures are down 20 points, and the Dow futures are down 43
points.
The S&Ps look to open down 4.50 points while the 10-year Treasury is
yielding 5.74%.
Friday Movers
Kopin Corp.
(
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News |
PowerRating), a maker of gallium arsenide transistors, said
Thursday that it will form an optical products group. That apparently is giving
the stock a boost in Friday trading, as Kopin is trading up to 34 in pre-market
activity after closing Thursday at 30.
Lehman Brothers initiated coverage of Aether Systems
(
AETH |
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News |
PowerRating) with a buy
rating and a $210 price target, and that has Aether set to open higher. Aether
closed Friday at 144 and is trading up to 149 1/4 in pre-market activity.
In the B2B space, Broadvision
(
BVSN |
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PowerRating) said it would team-up with IBM
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IBM |
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PowerRating)
to provide e-business solutions for customers. Broadvision closed Thursday at 37
15/16 but is trading down slightly to 37 3/4 in pre-market activity.
Thursday Follow-Up
After gaining 8 13/16 to 70 1/2 on Thursday, Commerce One
(
CMRC |
Quote |
Chart |
News |
PowerRating) looks
like it will hold on to those gains. Commerce One is trading up 1/2 to 71 in
pre-market activity.