This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Tuesday's Tech Winners & Losers

Shares of Leap Wireless (LEAP) fell modestly after the company said its Cricket Communications subsidiary would sell $750 million of unsecured senior notes due 2014. Proceeds from the offering will be used to repay a bridge-loan facility and general corporate purposes.

Separately, Leap said it added 161,000 new customers during the third quarter. For the first nine months of the year, the company has added about 329,000 customers. "Our third-quarter customer growth reflects the strong acceptance we are seeing across our new markets for our services and is a significant improvement from last year," the company said. Shares were trading down 20 cents to $51.58.

Perficient (PRFT) rose 5% after the information technology consulting firm lifted its third-quarter revenue projection. The company estimates revenue of $43.3 million to $44.5 million, up from an earlier forecast of $41 million to $43.1 million. On a pro forma basis, which includes the results of recently acquired Digital Consulting and Software Services, the company predicts revenue of $44.4 million to $45.6 million. Analysts project revenue of $42.6 million. Shares were adding 77 cents to $16.79.

Shares of Phazar (ANTP) plunged 14% after the antenna maker said it swung to a first-quarter loss on a large decline in revenue. For the period ended Aug. 31, the company reported a loss of $100,188, or 4 cents a share, on revenue of $1.1 million. A year earlier, the company recorded a profit of $519,419, or 23 cents a share, on revenue of $3.2 million. Phazar blamed the results on a slow down in government spending for antennas and towers that it provides to U.S. government military and civil agencies. Shares were trading down 88 cents to $5.48.

Other technology movers included Sun Microsystems (SUNW), up 3 cents to $5; JDSU (JDSU), up 1 cent to $2.12; Intel (INTC), down 3 cents to $20.59; Oracle (ORCL), up 6 cents to $18.61; Cisco Systems (CSCO), down 24 cents to $24.07; Microsoft (MSFT), down 19 cents to $27.53; and Applied Materials (AMAT), up 1 cent to $18.48.

2 of 2

Select the service that is right for you!

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.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

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