Shares of

MSGI Security Solutions

(MSGI)

were among technology's winners Tuesday, jumping 27% after the provider of security software and services signed a deal with Turkish OYAK Defense & Security Systems to provide a suite of technology solutions.

"We have taken our major first step outside of Italy with our new OYAK partners representing an open window into the broader Middle East market," MSGI said. "The OYAK organization will be the conduit for technology sales into Turkey beginning in January 2006." MSGI said it expects the deal to yield $7 million to $10 million in new revenue for next year. Shares of MSGI recently were trading up 97 cents to $4.60.

Lightbridge

(LTBG)

slumped 15% after the company said that it will no longer explore strategic alternatives for its Telecom Decisioning Services business. The company said it explored a number of possibilities but decided to continue operating the business. "Over the last six months, we have been fully engaged in the process of exploring alternatives and opportunities for TDS. The process has run its course and we believe it is in the best interest to our shareholders to retain the business," the company said. Shares were down $1.48 to $8.21.

Shares of

Diodes

(DIOD) - Get Report

rose 8% after the maker of semiconductor components lifted its fourth-quarter sales guidance. The company now sees sequential sales growth of 10% to 12%, well above its previous view of 1% to 4%. During the third quarter, the company posted sales of $54.2 million. Analysts expect sales of $56.1 million, or sequential sales growth of about 4%. "Better-than-expected demand in both Asia and North America for the company's discrete components, primarily in consumer electronic and PC end-markets, are fueling the growth," the company said. Shares gained $2.33 to $31.

Herley Industries

(HRLY)

shares rose 11% after the maker of microwave technology systems posted better-than-anticipated first-quarter earnings. Herley's earnings rose to $4 million, or 26 cents a share, from $3.6 million, or 25 cents a share, a year earlier. Sales grew to $41.9 million from $33.6 million. According to Thomson First Call, analysts expected earnings of 21 cents a share and sales of $43 million. Herley shares were up $1.81 to $17.69.

Navarre

(NAVR)

rose 8% after the software company named J. Reid Porter as chief financial officer. Porter, whose appointment is effective immediately, is replacing James Gilbertson, who stepped down as CFO in July. Porter, 56, most recently served as financial chief at IMC Global. Shares were recently trading up 52 cents to $6.71.

Shares of

Net2Phone

(NTOP)

rose 4% after

IDT

(IDT) - Get Report

lifted its bid price for the company. IDT will now pay Net2Phone shareholders $2.05 a share in cash for the 60% of the company that it doesn't already own. IDT previously offered $2 a share. IDT also announced that it has entered into a settlement agreement with plaintiffs who were challenging its previous buyout offer. With the exception of the higher offering price, all other terms and conditions of the offer remain the same, IDT said. As of Dec. 12, Net2Phone shareholders had tendered nearly 26 million shares, or about 52% of Net2Phone's outstanding shares and 55% of the shares not already owned by IDT. Shares of Net2Phone recently were trading up 7 cents to $2.02. IDT shares fell 4 cents to $11.80.

Other technology movers included

Sirius Satellite Radio

(SIRI) - Get Report

, down 27 cents to $7.19;

Microsoft

(MSFT) - Get Report

, down 27 cents to $27.18;

Sun Microsystems

(SUNW) - Get Report

, up 4 cents to $4.39;

Oracle

(ORCL) - Get Report

, down 15 cents to $12.69;

Intel

(INTC) - Get Report

, down 19 cents to $26.43;

Cisco

(CSCO) - Get Report

, unchanged at $17.52;

Lucent Technologies

(LU)

, up 1 cent to $2.76;

Dell

(DELL) - Get Report

, up 48 cents to $32.86;

JDSU

(JDSU)

, unchanged at $2.67;

Ciena

(CIEN) - Get Report

, down 5 cents to $2.86;

Applied Materials

(AMAT) - Get Report

, up 3 cents to $19.14; and

Apple Computer

(AAPL) - Get Report

, up 51 cents to $74.84.

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