Today's Small-Cap Winners and Losers

SpatiaLight (HDTV), a developer of microdisplays for high-definition televisions, gained 20% after saying it has significantly increased product shipments to LG Electronics, its largest OEM customer, and to Thintek Optronics.

During SpatiaLight's earnings conference call held March 14, the company said it intended to deliver about 1,000 of its imager sets to its customers, including LG, during the following 30 days. In the past two weeks, SpatiaLight has delivered more than 350 imager sets toward that initial goal and is ahead of its delivery schedule.

"As we continue to accelerate our volume production ramp, we expect to satisfy the balance of the initial delivery schedule within the forecasted 30-day time period and to continue to ramp toward larger production volumes going forward," the company said. Shares of SpatiaLight were up 49 cents to $2.85.

FiberNet Telecom Group (FTGX), an owner of interconnection facilities used as part of communications networks, was up 8% after the release of its latest quarterly results.

Revenue for the fourth quarter rose to $8.9 million, up 8.2% from $8.2 million a year ago. The company lost $2.2 million, or 42 cents a share, compared with a loss of $2.5 million, or 49 cents a share, for the fourth quarter of 2004.

Super Vision International (SUPVA), a seller of lighting systems and controls, said revenue for 2005 rose to $12 million from $11.9 million in the previous year. The company lost $488,500, or 19 cents a share, vs. a restated loss of $401,400, or 16 cents a share, for 2004.

The company said that earlier this month it decided to restate its previously filed financial statements for 2004 and the first three quarters of 2005. Shares of Super Vision were losing 35 cents, or 10.5%, to $3.

Hartmarx (HMX) stumbled after the apparel maker missed Wall Street's first-quarter earnings expectations. The company posted earnings of $2.6 million, or 7 cents a share, compared with $4.2 million, or 11 cents a share, a year ago. Sales totaled $144.2 million, up from $143.8 million a year ago.