[John Defterios, Cnn Anchor:] The game today is about technology after all those earnings reports from AOL, IBM and others. Let's go down to the Nasdaq Marketsite and check in with Sasha who's got an early read of the reaction Sasha.
[Sasha Salama, Cnn Correspondent:] Good morning, John and Deborah. Thanks very much. Nasdaq 100 futures right now are 26 points higher. That's a pretty nice gain. If it holds, we'll see some advances when trading gets underway. We are going to be watching out for some key earnings reports today, one of them coming from Sun Microsystems. We'll be watching SUNW until after the bell when the report comes out; 20 cents a share expected for this company which develops workstations and servers for network computing. SUNW reporting today. Excite@Home also reporting, ATHM. Break even is expected here following a loss of 3 cents in the year-ago period, some of these Internet companies starting to report actual profits. And also, after the close yesterday, Legato came out, falling shy of estimates, and that could be a big mover to the downside today. LGTO is the symbol of this company which is a leader in management of data storage systems for companies. Legato coming in with 11 cents a share; that was 8 cents shy of estimates, and the stock getting killed in after hours trade, John and Deb. It fell to 30 from 53, which is where it closed. The company also saying it has to restate Q3 earnings. So just another sign that companies that do fall short often do get punished. Back to you.
[Defterios:] Well, a couple of sectors doing real well right now, chip equipment stocks and the chip makers, I see in Europe today, doing extremely well. That report from AMD, Intel earlier. What's the outlook here for chip makers going forward, from what you can see?
[Salama:] The outlook is very strong from all the analysts that I'm talking to. Demand very strong for personal computers going forward, Intel really setting the pace there.
[Defterios:] OK, thanks a lot. Sasha Salama down the Nasdaq Marketsite this morning, as usual.