This Day On The Street
Continue to site
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

Friday's Tech Winners & Losers

Viewpoint (VWPT) plunged 34% after the Internet marketing technology company lowered its 2006 revenue forecast. The company now sees full-year revenue of $17 million to $20 million, down from its prior guidance of $26 million to $30 million. Viewpoint blamed the shortfall on "softness in ad spending and customers' product delays."

For the third quarter, the company sees revenue of $3 million. One analyst projects revenue of $6.1 million. Viewpoint shares sank 27 cents to 75 cents.

Shares of CalAmp (CAMP - Get Report) slumped 13% after the wireless-equipment provider posted weaker-than-expected second-quarter earnings and warned that third-quarter earnings fall below expectations. For the period ended Aug. 31, the company earned $1.2 million, or 5 cents a share, on revenue of $57.9 million. Analysts expected earnings of 7 cents a share on revenue of $56.3 million. During the year-earlier period, the company earned $3.7 million, or 16 cents a share, on revenue of $57.7 million.

Looking ahead, CalAmp sees third-quarter earnings of 4 cents to 8 cents a share on revenue of $59 million to $65 million. Analysts predict earnings of 11 cents a share on revenue of $61.4 million. Shares were trading down $1 to $6.94.

Shares of LightPath Technologies (LPTH - Get Report) zoomed 46% after the maker of optical products previewed strong first-quarter revenue growth. The company expects to post revenue of about $4.4 million for the September quarter, a 62% jump from a year earlier.
2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CAMP $14.97 0.00%
EHTH $11.19 0.00%
LPTH $1.93 0.00%
SFUN $5.69 0.00%
AAPL $93.74 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs