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Tuesday's Tech Winners & Losers

Shares of Key Tronic (KTCC - Get Report) vaulted 41% after the electronics manufacturing services company boosted its fourth-quarter estimates. For the period ended June 30, the company now sees earnings of 18 cents to 20 cents a share, up from an earlier forecast of 7 cents to 12 cents a share. The company raised its revenue forecast to $52 million from an earlier view of $46 million to $50 million. Key Tronic attributed the better outlook to strong growth in demand from a number of existing customers and strong factory utilization and manufacturing efficiencies. Shares were trading at $5.94, up $1.74.

Other technology movers included JDSU (JDSU - Get Report), down 5 cents to $2.11; Microsoft (MSFT), down 36 cents to $23.14; Cisco Systems (CSCO), down 52 cents to $18.45; Intel (INTC), down 3 cents to $18.15; Sun Microsystems (SUNW), up 5 cents to $3.87; Sirius Satellite Radio (SIRI), up 2 cents to $4.30; Oracle (ORCL), down 17 cents to $14.42; Applied Materials (AMAT), down 8 cents to $15.71; Apple Computer (AAPL), up 8 cents to $55.08; and EMC (EMC), up 5 cents to $10.46.
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SYM TRADE IT LAST %CHG
FLIR $30.82 -0.23%
JDSU $11.19 -0.58%
IVAC $5.93 -1.50%
KTCC $10.90 2.06%
PRFT $18.80 -0.48%

Markets

DOW 17,647.13 -36.45 -0.21%
S&P 500 2,065.20 -3.56 -0.17%
NASDAQ 4,972.8940 -19.0460 -0.38%

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