The Ticker A Look Back At The Week Past On Wall Street

Sat., June 1, 1996

What’s hot

A couple of technology workhorses had good weeks. Old favorite, Intel Corp. leapt after the company told analysts it expects consumer demand to soar as computers get cheaper and a major brokerage house urged investors to buy the stock. Intel rose $4 to $75.50.

Apple Computer Inc., showing signs of life again, was up 87-1/2 cents to $26.37-1/2, a 3 percent gain, Friday. A day earlier CEO Gilbert Amelio, who joined Apple four months ago, completed a shuffling of top managers.

What’s not

Eskimo Pie Corp. said second-quarter results will fall below analysts’ estimates, partly because cool weather has hurt ice cream sales.

“Sales in the ice cream bar segment of the frozen novelty category have been very soft in recent months with a decline of 16 percent, compared to the same period last year,” said David Clark, president and chief executive.

Eskimo Pie also distributes Sorbet frozen yogurt and other frozen treats.

Stock of San Jose, Calif.-based Paradigm Technology Inc. closed at $9.25 Friday, down 31 percent from the start of this year. The company announced Friday that it expected a second-quarter loss.

Weyerhaeuser Co. lost $2.87-1/2 Friday to close at $45.37-1/2.

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