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

Tuesday's Tech Winners & Losers

Shares of Axcelis Technologies (ACLS) were among technology's winners Tuesday, rising 8% after the maker of semiconductor-processing equipment backed its fourth-quarter earnings and revenue projections.

The company expects to report earnings of 11 cents to 15 cents a share, with revenue of $115 million to $125 million. Analysts polled by Thomson First Call project earnings of 12 cents a share and revenue of $121.2 million.

"Our financial performance continues to meet our expectations," Axcelis said. "We are especially pleased by the high order activity for both our implant and dry strip products during the quarter, beating our anticipated quarterly system order run rate." Shares were trading up 38 cents to $6.37.

Cray (CRAY) rose 1% after the maker of supercomputers affirmed its 2006 revenue forecast. The company continues to estimate revenue of $220 million. For the fourth quarter, the company expects to post revenue of about $100 million. Analysts see revenue of $219.9 million for the year and $100.5 million for the fourth quarter.

Looking ahead, Cray still anticipates 2007 revenue of $230 million to $260 million. First-quarter revenue, meanwhile, is expected to account for about 20% of the full-year total. Analysts project 2007 revenue of $250.3 million and first-quarter revenue of $40.2 million. Shares were trading up 16 cents to $12.46.

Shares of Lawson Software (LWSN) fell 6% after the software company's second-quarter earnings and third-quarter forecast missed expectations. For the period ended Nov. 30, the company posted a loss of $3.5 million, or 2 cents a share, on revenue of $184.5 million. Excluding items, the company earned $5.4 million, or 3 cents a share. Analysts expected earnings of 4 cents a share and revenue of $179.9 million. A year earlier, the company earned $6.6 million, or 6 cents a share, on revenue of $89 million.

Lawson forecast third-quarter adjusted earnings of 2 cents to 3 cents a share on revenue of $183 million to $191 million. Analysts project earnings of 6 cents a share on revenue of $193.7 million. Shares were sliding 42 cents to $6.70.

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