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Wednesday's Tech Winners & Losers

Shares of Synchronoss Technologies (SNCR - Get Report) were among technology's winners Wednesday, jumping 13% after the software provider said that Cingular selected its software platform for use in Apple's (AAPL - Get Report) new iPhone product.

"This is significant for Synchronoss because it not only represents an additional driver to our Cingular-related revenue, but also because it is a major step forward in our efforts to move our ActivationNow platform up the stack," Synchronoss said.

Synchronoss reiterated its 2007 adjusted earnings forecast of 44 cents to 48 cents a share. The company predicts revenue of $99 million to $100 million. Analysts polled by Thomson First Call project earnings of 44 cents a share and revenue of $99.9 million. Shares were trading up $1.98 to $16.75.

Perficient (PRFT - Get Report) rose 8% after the information technology consulting firm boosted its fourth-quarter revenue estimate. The company expects to report revenue of $48.4 million to $49.6 million, up from an earlier forecast of $42.4 million to $45.1 million. Analysts, on average, project revenue of $44.6 million. Shares of Perficient were trading at $18.72, up $1.37.

Shares of Ramtron (RMTR) tumbled 15% after the chipmaker cut its fourth-quarter revenue projection. The company now estimates revenue of $9.1 million to $9.2 million, below its earlier forecast of $10.2 million to $11.2 million. Analysts anticipated revenue of $11.4 million. Ramtron attributed the shortfall to an earthquake in Taiwan and severe weather in Colorado, which resulted in product shipment delays. Shares were trading down 53 cents to $2.90.
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AAPL $93.58 -1.30%
IBM $145.04 -1.40%
ADPT $67.94 0.52%
PRFT $20.66 -2.80%
SNCR $30.58 -1.40%


Chart of I:DJI
DOW 17,713.31 -117.45 -0.66%
S&P 500 2,057.71 -18.10 -0.87%
NASDAQ 4,760.3210 -44.97 -0.94%

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