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!

Friday's Tech Winners & Losers

Shares of Advanced Micro Devices (AMD) were among technology's losers Friday, sinking 11% after the chipmaker warned that fourth-quarter operating income would be "substantially" below third-quarter results. It also projected revenue below Wall Street's forecast.

AMD said its results were hampered by significantly lower microprocessor average selling prices, which offset increases in unit sales. The company estimates that revenue increased by about 3% on a sequential basis, which would yield a top line of about $1.37 billion. Analysts polled by Thomson First Call project fourth-quarter earnings of 22 cents a share and revenue of $1.85 billion. Shares were trading down $2.26 to $17.92 on extremely heavy volume.

PDF Solutions (PDFS) slid 11% after the software company cut its fourth-quarter earnings projection. The company expects to report adjusted earnings of 5 cents to 7 cents a share, down from an earlier forecast of 13 cents to 15 cents a share. PDF estimates revenue of $18.7 million to $19.1 million, below an earlier projection of $21 million to $22.5 million. Analysts had forecast earnings of 14 cents a share and revenue of $21.8 million.

"We are disappointed to announce preliminary financial fourth quarter results that are below our prior guidance," the company said. "For the first time ever, a letter of agreement for an integrated yield ramp engagement, received from a new customer during the third quarter of 2006, did not culminate in a full definitive agreement." Shares were down $1.44 to $11.41.

1 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 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

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