Tech Industry

STOCKS TO WATCH: Barnesandnoble.com, Compuware, Expedia and Macrovision

Expect the following technology stocks to be among Tuesday's most actively traded issues: Barnesandnoble.com, Compuware, Expedia and Macrovision.

  • Barnesandnoble.com Inc. (Nasdaq: BNBN)

    Hard to gauge how investors will react to the online bookseller's first-quarter results Tuesday.

    In the quarter, Barnesandnoble.com met analysts' estimates, losing $27.1 million, or 19 cents a share, on sales of $78.2 million.

    Ahead of the earnings report, its shares finished unchanged at 10 15/16.

    The $78.2 million in sales marks a 142 percent improvement from the year-ago quarter when it lost $20.2 million, or 18 cents a share, on sales of $32.3 million.

    Including a variety of one-time charges, the online bookseller lost $44.2 million, or 30 cents a share.

    In the quarter, it added more than 850,000 customers, bringing its total to more than 5 million. Repeat customer orders accounted for 68.1 percent of sales, up from 56 percent in the year-ago quarter.

  • Compuware Corp. (Nasdaq: CPWR)

    Monday's earnings report, as bleak as it was, might serve as a catalyst for Compuware shares Tuesday. Even though its fourth quarter was a disappointment by most measures, it could be viewed as the end of the bad news-- for now.

    The software developer managed to top analysts' reduced estimates in its fourth quarter, earning $57.5 million, or 15 cents a share, on sales of $582.1 million.

    First Call Corp. consensus predicted the corporate software developer would earn 14 cents a share.

    Its shares closed off 3/16 to 12 7/8 ahead of the earnings report.

    Last month, Compuware officials braced investors for lackluster results in the quarter, mainly due to weak performance by its core computer systems support operation.

    Analysts originally pegged it for a profit of 35 cents a share in the quarter.

    The $582.1 million in sales marks a 16 percent jump from the year-ago quarter when it earned $125.2 million, or 31 cents a share, on sales of $500.1 million.

  • Expedia Inc. (Nasdaq: EXPE)

    Judging from the run-up ahead of Monday's third-quarter earnings report, Expedia shares figure to see a lot of action Tuesday.

    The online travel site beat Street estimates in its third quarter Monday, posting a loss of $17.3 million, or 40 cents a share, on sales of $58.8 million.

    First Call Corp. consensus expected it to lose 57 cents a share in the quarter.

    Ahead of the earnings report, Expedia shares closed up 4 7/16, or 29 percent, to 19 1/2.

    The former Microsoft (Nasdaq: MSFT) unit said its total gross booking jumped 60 percent from the second quarter to more than $401 million

    Including one-time charges, Expedia lost $66.5 million, or $1.56 a share, in the quarter.

  • Macrovision Corp. (Nasdaq: MVSN)

    Macrovision figures to gain Tuesday after it easily topped Street estimates in its first quarter, earning $4.8 million, or 12 cents a share, on sales of $12.7 million.

    Analysts were expecting it to return a profit of 8 cents a share in the quarter.

    Its shares closed up 7 1/8 to 56 ahead of the earnings report.

    The $12.7 million in sales marks a 78 percent improvement from the year-ago quarter when it made $1.9 million, or 89 cents a share, on sales of $7.2 million.

    "We're very pleased with our first quarter results," said CFO Ian Halifax in a prepared release. "Our revenues benefited from continued strong demand for both our DVD and consumer multimedia software copy protection products."