Tech Stocks in Motion

Shares of NII Holdings(NIHD Quote) rose 6.4% after the company posted fourth-quarter results that were ahead of expectations. The mobile communication provider earned $40.8 million, or 52 cents, on sales of $362.9 million. Analysts expected earnings of 43 cents a share on sales of $336.9 million. A year ago, the company earned $35.8 million, or 52 cents a share, on sales of $263.2 million. Looking ahead, NII forecast 2005 sales of $1.55 billion. Analysts are expecting sales of $1.54 billion. Shares traded up $3.37 to $56.47.

Other technology movers included Intel (INTC Quote), down 65 cents to $24.20; Microsoft(MSFT Quote), down 34 cents to $25.09; Cisco(CSCO Quote), down 26 cents to $18.45; Sirius Satellite Radio(SIRI Quote), down 9 cents to $5.36; Sun Microsystems(SUNW Quote), up 7 cents to $4.45; Oracle(ORCL Quote), down 17 cents to $13.09; Applied Materials(AMAT Quote), down 43 cents to $16.40; Lucent (LU Quote), down 8 cents to $2.92; and Apple Computer(AAPL Quote), up 44 cents to $40.27.