CNET también está disponible en español.

Ir a español

Don't show this again

Christmas Gift Guide
Tech Industry

STOCKS TO WATCH: AOL, H-P, Iridium and MCI WorldCom

Expect the following technology stocks to be among Monday's most actively traded issues: America Online, Hewlett-Packard, Iridium and MCI WorldCom.

  • America Online Inc. (NYSE: AOL)

    AOL said Sunday that its AOL Deutschland unit will introduce a flat rate in Germany on Oct. 1 in the hopes of capturing a larger percentage of the growing online customer base in Europe.

    The service reportedly will cost less than 20 marks and cover all fees except the telephone connection charges.

    The day-time phone charges will drop from the current eight pfennigs to three pfennigs in October.

    AOL more than 900,000 customers in Germany compared to the market leader T-Online's 3.3 million users.

    AOL shares closed up 4 1/8 to 96 7/8.

  • Hewlett-Packard Co. (NYSE: HWP)

    Expect H-P to get some heavy volume ahead of its third-quarter earnings report.

    Most analysts are expecting strong sales and earnings growth for the Palo Alto, Calif.-based computer and peripherals manufacturer.

    First Call consensus predicts H-P will earn 80 cents a share in the quarter.

    H-P shares closed up 2 15/16 to 106 Friday.

  • Iridium (Nasdaq:IRID)

    The troubled satellite-phone venture backed by Motorola Inc., filed for Chapter 11 protection from creditors in a Delaware court on Friday.

    Bondholders are on the hook for about $1.45 billion. Iridium said it decided to file for bankruptcy because it wouldn't be able to meet Sunday's deadline for making a $90 million interest payment on its high-yield debt. Iridium and its creditors are still trying to agree on terms for restructuring the company.

    News of the bankruptcy filings sent Iridium plummeting 28%, to close at 3 1/16 Friday. Iridium's stock has sunk 92% since the beginning of the year.

  • MCI WorldCom Inc. (Nasdaq: WCOM)

    MCI WorldCom had a rough weekend.

    It took its problematic high-speed data network offline Saturday in the hopes of solving technical problems that have plagued the systems for more than a week.

    Thanks to the technical glitches, millions of customers have been unable to consistently get online, including more than 2 million AOL and CompuServe subscribers.

    The stock closed up 2 9/16 to 78 11/16 Friday.