This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Wednesday's Tech Winners & Losers

Shares of TiVo (SIMO) were among technology's losers Wednesday, tumbling 12% after the TV recording concern had a setback in an ongoing patent suit with EchoStar (DISH).

TiVo said a federal appeals court granted an EchoStar request to stay an injunction against the sale of the satellite broadcaster's video-recording devices. In August, a federal judge issued the injunction against EchoStar, halting the sale of certain digital video recorders. TiVo shares recently were down 89 cents to $6.63; EchoStar shares were down a penny at $32.06.

Shares of Silicon Motion Technology (SIMO) rose 6% after the developer of chip components said it set a record for flash controller shipments in September. The company shipped more than 22 million controllers during the month of September, up from 12 million during last year's September period.

"As we have indicated previously, we are seeing strong demand for small form factor flash memory cards that are used in mobile phones," the company said. In early September, Silicon Motion boosted its third-quarter revenue projection, saying that it was benefiting from continued strength in flash memory cards that are used in cellular phones. Shares were adding 97 cents to $17.41.

CDC (CHINA) shares advanced 5% after the company said it expects to post strong third-quarter software sales. The company said its CDC Software unit expects to report software license revenue of $10.9 million to $11.5 million, which would represent an increase of about 27% over year-ago results.

"Our preliminary estimates indicate that our software sales were very strong during the quarter, in spite of the typical doldrums during the late summer," the company said. Shares were trading up 27 cents to $5.77.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs