Updated from 12:49 p.m. EDT

Shares of

Alvarion

(ALVR)

were among the best-performing technology stocks Wednesday, rising 12.8% after the company posted in-line third-quarter results and forecast fourth-quarter numbers that could top expectations.

Excluding items, the wireless broadband solutions company earned 7 cents a share on sales of $52.2 million. Analysts polled by Thomson First Call were expecting earnings of 7 cents a share on sales of $52 million. A year ago the company posted a loss of 2 cents a share on sales of $34.3 million. Looking ahead, Alvarion forecast fourth-quarter earnings of 8 cents to 9 cents a share on sales of $54 million to $56 million. Analysts had been expecting earnings of 8 cents a share on sales of $54.2 million. Shares traded up $1.61 to $14.22.

IAC/InterActiveCorp

(IACI)

rose 13.7% after the company posted third-quarter earnings that beat expectations. IAC also said it would buy back as many as 80 million shares. Excluding items, the owner and operator of Expedia.com, Hotels.com and other online properties earned 24 cents a share on sales of $1.5 billion. Analysts were expecting earnings of 21 cents a share on sales of $1.51 billion. Shares traded up $3.01 to $25.01.

Shares of

8x8

(EGHT) - Get Report

rose 9.5% after the company announced that CompUSA would carry 8x8's products in more than 200 locations nationwide. The agreement calls for CompUSA to carry the Packet8 VoIP adapter and the company's broadband consumer videophone in each of its 226 locations. The agreement follows a six-week in-store test program that was conducted in 20 CompUSA stores. Shares traded up 24 cents to $2.76.

Vishay Intertechnology

(VSH) - Get Report

rose 1% after the company posted third-quarter earnings and sales above expectations. Excluding items, the chipmaker earned 14 cents a share on sales of $584.3 million. Analysts were expecting earnings of 13 cents a share on sales of $579.8 million. Looking ahead, Vishay said that fourth-quarter sales would be slightly below third-quarter results. Analysts are expecting sales of $569.2 million. Shares traded up 13 cents to $13.20.

Shares of

Priceline.com

(PCLN)

rose 2.1% after the company posted mixed third-quarter financial results. Excluding items, the online travel operator posted a profit of 28 cents a share on sales of $235.9 million. Analysts were expecting earnings of 27 cents a share on sales of $251 million. Looking ahead, Priceline forecast fourth-quarter earnings of 14 cents to 18 cents a share, which is in line with analysts' expectations of 16 cents a share. Shares traded up 43 cents to $21.38.

Other technology volume leaders included

Intel

(INTC) - Get Report

, up 10 cents to $22.67;

Microsoft

(MSFT) - Get Report

, up 23 cents to $28.47;

Sirius Satellite Radio

(SIRI) - Get Report

, down 4 cents to $3.92;

Lucent

( LU), up 2 cents to $3.61;

Cisco

(CSCO) - Get Report

, down 1 cent to $19.28; and

Applied Materials

(AMAT) - Get Report

, down 13 cents to $16.12.