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Tech stocks - Thursday, January 25, 2007

This Week In Tech Stocks

The earnings reports from tech heavies came in fast in furious this week and we saw dramatic swings up and down for technology stocks.

Uppers
+ Microsoft shares touched a multi-year high Thursday ahead of the results on optimism that the newest versions of Windows and its Office business program will give the company a boost in 2007.

+ Decision by eBay to raise listings fees appears to be working as expected as the Net auctioneer's shares took a nice bump on its quarterly report.

+ Nokia figured out how to improve margins despite ever lowering handset prices.

+ Sun shares rose after better-than-expected results plus a mysterious $700M investment by an affiliate of Kohlberg Kravis Roberts.

+ Texas Instruments did the two step hitting expectations despite a slumping sector.

Downers
+ SAP's plans to spend a quarter billion dollars over the next couple of years on a software on demand platform had wall street cutting and running.

+ Shares in Alcatel Lucent took it in the shorts as it was 10% off in revenue and 35% off in profit.