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Tech Industry

MIDDAY MARKETS: Techs lackluster

Technology issues were stuck in a tight range at midday Monday. The Dow Jones industrial average was up 33.94 to 10,767.50 and the Nasdaq was up 5.14 to 4,099.

Ahead of the latest round of earnings, investors were taking a wait-and-see approach. Texas Instruments (NYSE: TXN) is the headliner after market close today. AT&T (NYSE: T), Compaq (NYSE: CPQ) and eBay (Nasdaq: EBAY) report Tuesday.

Among Monday's stocks in the news:

EMusic (Nasdaq: EMUS) soared after the company announced a music subscription service. Shares were up 7/16 to 2 1/4, or 24 percent. (Nasdaq: MPPP), which reports earnings after the bell, was up 1/16 to 12 3/16.

Oracle (Nasdaq: ORCL) added 2 1/16 77 5/8 after the company said it won an airline B2B exchange contract. Rivals Commerce One (Nasdaq: CMRC) and Ariba (Nasdaq: ARBA) were off 1 1/4 to 52 1/8 and 1 5/8 to 123 3/16, respectively.

Priceline (Nasdaq: PCLN) topped earnings estimates easily, but investors weren't impressed. Shares fell 3 15/16 at 36 1/8. Other Net issues were weak. Yahoo (Nasaq: YHOO) was off 1 1/4 to 137 1/16 and (Nasdaq: AMZN) lost 5/16 to 40 13/16.

Among other movers, Dell (Nasdaq: DELL) lost 2 1/4 to 50 1/8, Intel (Nasdaq: INTC) added 2 9/16 to 140 3/4 and Microsoft (Nasdaq: MSFT) slipped 1 1/2 to 70 13/16>