Earnings for tech leaders a mixed bag

Gateway meets lowered Street expectations
update The PC maker closes its troubled fiscal year, reporting fourth-quarter earnings that were down 2.4 percent on a yearly basis to $126 million.

Lucent misses earnings by a penny
The telecommunications equipment maker sees its first-quarter profits fall 23 percent as it misses revised earnings estimates by a penny

Adaptec profits up on server product sales
The company, which designs electronic cards that speed computer communications, says its third-quarter profit rose 27 percent as it sold more of its products for powerful server computers.

Some tech earnings easily beat expectations
Giving yet more fuel to already high-flying stocks, a steady stream of technology companies have reported quarterly earnings that exceed Wall Street expectations.