Shares of FiberNet Telecom (FTGX) rose sharply for a second straight day. On Tuesday shares of the stock climbed 68% after the company said the customer base for its network solutions service doubled between June 2004 and June 2005. "We are pleased with the steady growth of our customer base for our network solutions business," the company said on Tuesday. "We are also very proud that more than half of the orders placed in the past year were from our repeat customers." Shares were recently trading up $1.21, or 48%, to $3.73.Other technology movers included Lucent Technologies (LU), up 4 cents to $3.14; Microsoft (MSFT), up 9 cents to $26.57; Intel (INTC), up 7 cents to $24.97; Sirius Satellite Radio (SIRI), down 9 cents to $7.13; Oracle (ORCL), down 2 cents to $13.62; Sun Microsystems (SUNW), up 1 cent to $4.11; Siebel Systems (SEBL), unchanged at $10.36; Cisco (CSCO), up 1 cent to $18.26; and eBay (EBAY), down 28 cents to $38.
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