111. Applied Materials posted earnings that were slightly better than expected. 112. But on a case-by-case basis, there should be some reasons for buying today as companies line up to post quarterly earnings. 113. Cisco Systems posted earnings that were slightly worse than expected, while Morgan Stanley Dean Witter and Lehman Brothers were slightly better. 114. High technology issues, which are expected to post better earnings, were actively bought in the afternoon, traders said. 115. Intel posted a strong gain in Nasdaq trading amid widespread expectations that the computer chipmaker would post strong earnings on Monday. 116. Last week, the pharmaceuticals division was a bright spot when BASF posted third-quarter earnings. 117. Meanwhile, investors sold off stocks that posted disappointing earnings and those that have said recently that given the current business climate they cannot predict earnings. 118. Meanwhile, investors sold off stocks that posted disappointing earnings. 119. Morgan Stanley Dean Witter posted earnings that exceeded Wall Street estimates, despite a big decline in profits from a year ago. 120. Most companies posted higher earnings,but nine posted lower earnings and two made losses. |