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 InterDigital Communications (IDCC) fell 7% after the wireless-technology company warned that fourth-quarter revenue will be well below Wall Street's forecast. The company sees revenue of $62 million to $63 million, compared with analysts' projection of $105.6 million. InterDigital anticipates recurring patent-license royalty revenue of $48 million to $48.5 million.



"The level of recurring patent-licensing royalties revenue for fourth quarter 2006 reflects the adverse impact on some of our licensees of delays in 3G handset purchases during third quarter 2006 in Japan as customers awaited the launch of both mobile number portability and several new handset model introductions," InterDigital said. Shares were trading down $1.95 to $30.84.

Versant (VSNT) shares jumped 24% after the software company reported a big jump in fourth-quarter earnings and revenue. For the three months ended Oct. 31, the company's earnings rose to $1.4 million, or 38 cents a share, from $512,000, or 14 cents a share, a year earlier. Revenue climbed to $4.6 million from $3.8 million.

For fiscal 2007, Versant anticipates pretax earnings of $4.4 million to $4.6 million. The company predicts that 2007 revenue will be comparable to the $16.8 million that it reported in fiscal 2006. Shares were trading up $2.97 to $15.22.

Shares of Wind River Systems (WIND) fell 1% after the software company gave a disappointing revenue report for the third quarter and forecast another weak number for the fourth quarter. Wind River recorded third-quarter revenue of $70.6 million, up from $67.6 million a year earlier but below the $74.8 million that analysts expected. Wind River won't release its earnings for the period until it concludes a probe into its historical stock-option practices.

For the fourth quarter, Wind River projects revenue of $74 million to $75 million, below analysts' average forecast of $80.8 million. Shares were trading down 13 cents to $10.61.

Other technology movers included Oracle (ORCL), down 69 cents to $18.17; Microsoft (MSFT), down 10 cents to $29.03; Intel (INTC), down 12 cents to $21; Sun Microsystems (SUNW), unchanged at $5.49; Sirius Satellite Radio (SIRI), up 2 cents to $3.87; Cisco Systems (CSCO), up 13 cents to $27.17; Level 3 Communications (LVLT), up 4 cents to $5.42; Apple Computer (AAPL), down 10 cents to $91.17; and Qualcomm (QCOM), up 10 cents to $38.84.

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