NEW YORK (CNNfn) - A deal with Intel, the world’s largest chip maker, sent stock in a tiny chip maker soaring Friday while a provider of computer-virus protection services continued climbing strongly in its second day of trading.
FOCUS Enhancements Inc. (FCSE) jumped 41 percent after saying Intel Corp (INTC) has agreed to license its chips that proved compatibility between TV screens and applications like personal computers, Internet set-top boxes, and Web terminals.
Stock in tiny Wilmington, Mass.-based FOCUS, with 54 employees, compared with Intel’s 64,500, gained 2-1/18 to 7-5/16.
Shares of newly public McAfee.com Corp. (MCAF), which rose 300 percent in its debut Thursday, continued to climb.
Stock in the Santa Clara, Calif.-based McAfee.com, which provides virus protection services, gained 12-7/8, or 29 percent, to 56-7/8
Gene Logic Inc. (GLGC) leapt 27 percent after announcing an alliance with Japan’s Fujisawa Pharmaceutical Co. to evaluate gene information for the treatment of diabetes.
Shares of Gaithersburg, MD-based Gene Logic rose 2-1/64 to 9-33/64.
But, CIDCO Inc. (CDCO), which makes caller-ID systems, plunged 40 percent after saying it expects a fourth-quarter loss of 27 to 33 cents a share, disappointing analysts who were forecasting a profit.
Morgan Hill, Calif.-based CIDCO fell 3-1/4 to 5-1/8.
CPI Corp (CPY), which operates Sears Portrait Studios and Prints Plus wall-decor stores, fell 16 percent after saying unspecified losses in its fiscal third quarter will fall "far short” of analysts’ expectations.
Stock in St Louis-based CPI fell 4 to 20-3/4.
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