Expect the following technology stocks to be among Monday's most actively traded issues: C-Cube Microsystems, Drkoop.com, Nortel and VoiceStream Wireless.
C-Cube will some action Monday ahead of its second-quarter earnings report.
First Call Corp. consensus expects the maker of digital video chips to earn 9 cents a share in the quarter.
Last quarter, it earned $1.3 million, or 3 cents a share, on sales of $61 million.
Its shares closed off 1 3/16 to 18 11/16 Friday, more than 80 percent off its 52-week high of 106 1/4 set in March.
The struggling online health information provider should see some action Monday as the company mulls over an offer to combine with MillenniumHealth Communications.
Drkoop.com said it received a ``non-binding'' letter of intent from MillenniumHealth, an Internet health-care information company, after news of the offer had already been made public on Friday morning.
The company said it did not authorize MillenniumHealth's statement nor did it have any involvement in its contents. It also said that at present it was not party to any type of agreement with MillenniumHealth.
Millennium, the Reston, Va.-based parent of health care news wire Health24 Media and online medical technology marketplace Health Commerce Inc., said the deal would allow the combined company to expand its services.
The non-binding letter of intent describes a stock-for-stock transaction with Millennium, drkoop.com said. It also requests a binding ``no-shop'' agreement from drkoop.com, a $1 million break-up fee, and makes any deal subject to material conditions, including due diligence.
Drkoop.com shares closed up 9/16 to 1 19/32 Friday.
The Wall Street Journal reported Nortel and Corning (NYSE: GLW) are in serious talks about a possible combination that would involve selling Nortel's optical-parts business to Corning in a deal that could be valued at more than $100 billion.
The newspaper, citing people familiar with the talks, said the two companies have had discussions for some time, a deal isn't imminent and the talks could break down at any time.
VoiceStream shares will be worth watching Monday after it considers a $50.4 billion takeover offer from German telephone giant Deutsche Telekom AG.
Deutsche Telekom has offered a fixed exchange ratio of 3.2 shares of its stock, plus $30 cash, for each VoiceStream share. Based on Deutsche Telekom's trading price on Friday, that offer would value VoiceStream at $50.4 billion, or $195.60 a share.
Deutsche Telekom offered to arrange a two-step deal that would give VoiceStream an immediate cash infusion to buy more telecommunications licenses.
VoiceStream shares closed off 3 to 150 Friday.>