Morning stock check: VMware up, Advanced Micro Devices down

After early morning drops Monday, VMware, Inc. (VMW) is leading the pack of point gains in early trading today, up nearly 8 percent. SanDisk Corporation (SNDK) and eBay Inc. (EBAY) were also up, both with nearly 5 percent increases.

Advanced Micro Devices, Inc. (AMD) dropped 3.3 percent in early trading, falling farther than Chevron Corporation (CVX) and LSI Corporation (LSI) who fell a half of a percent and 1.5 percent, respectively.

Continuing high-volume trading, Apple Inc. (AAPL), Cisco Systems, Inc. (CSCO) and Intel Corporation (INTC) moved more than 17 million units on early trades, with Intel leading the group with transactions of 21.78 million.

Part of that high volume for Intel may have been aided by increased earning estimates for this year and next. According to MSN Money, profits for the computer giant is expected to hit $1.24 per share on revenue of $38.6 billion, thanks in part to a “healthy PC environment and superior product line.”

And according to Reuters, Google is working on a service to let users store information from their own hard drives on its computers. The service — secured with a password — would allow users to access their data, music, videos or documents from different computers or personal devices.

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