Expect the following technology stocks to be among Tuesday's most actively traded issues: Cabletron Systems, Cirrus Logic, Corel, MicroAge and Micron Electronics.
Cabletron scampered past analysts' estimates in its first quarter Monday, earning $7.3 million, or 4 cents a share, on sales of $349.5 million.
First Call consensus expected the network-equipment maker to earn 1 cent a share.
Last quarter, Cabletron Systems earned $2.5 million, or 1 cent a share, on sales of $345 million.
Cabletron shares moved up to a 52-week high of 16 5/16 earlier this month on reports that it might consider spinning off or selling some of its business units.
The supplier of analog circuits said it will turn over a chipmaking plant to International Business Machines Corp. as it outsources its manufacturing. Cirrus will take an unspecified restructuring charge during its fiscal first quarter.
Cirrus Logic jumped last week on the IBM talk.
Corel doubled analysts' estimates Monday, earning $9.2 million, or 14 cents a share, on sales of $70.5 million.
It was the software developer's highest quarterly earnings in four years.
The company on Monday also unveiled a new Nasdaq ticker symbol, CORL. That announcement also came after market close.
But analysts said Corel's credibility is hurt because of the radical difference between their estimates -- which are based on company guidance -- and the quarter's actual results. Some analysts said the company had guided their expectations down a month earlier from about 12 cents per share profit.
The PC maker edged past analysts' estimates in its third quarter Monday, raking in $7 million, or 7 cents a share, on sales of $327.7 million.
First Call consensus expected it to earn 6 cents a share in the quarter.
The sales $327.7 million were down compared to $340.8 million a year earlier. Company executives have previously said they don't expect Micron to return to above market growth rates until the fourth quarter.
Sales from PC systems fell 11 percent from a year earlier. PC sales also fell from the second quarter, with unit sales dropping 13 percent and prices staying flat.
Overall gross margins were 18.7 percent, up from 17 percent in the second quarter, although still lower than 19.2 percent in the third quarter of last year. The company credited improved line management and fewer product returns for the sequential improvement.
The computer wholesaler said its fiscal second-quarter loss widened to 48 cents a share from 30 cents a year earlier. Including charges and write-off of goodwill the loss was $7.19 a share.