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The Technology sector as a whole closed the day down 0.1% versus the S&P 500, which was unchanged. Laggards within the Technology sector included

GRAVITY

(

GRVY

), down 2.5%,

CounterPath

(

CPAH

), down 2.4%,

Formula Systems (1985

(

FORTY

), down 3.6%,

TigerLogic

(

TIGR

), down 37.9% and

Interphase

(

INPH

), down 2.3%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the sector lower today:

VimpelCom

(

VIP

) is one of the companies that pushed the Technology sector lower today. VimpelCom was down $0.20 (3.4%) to $5.85 on light volume. Throughout the day, 722,344 shares of VimpelCom exchanged hands as compared to its average daily volume of 2,602,300 shares. The stock ranged in price between $5.80-$6.00 after having opened the day at $5.87 as compared to the previous trading day's close of $6.06.

VimpelCom Ltd., a telecommunications service operator, provides voice and data services through a range of traditional and broadband mobile and fixed technologies. It operates in five segments: Russia, Italy, Africa & Asia, Ukraine, and the Commonwealth of Independent States. VimpelCom has a market cap of $10.5 billion and is part of the telecommunications industry. Shares are down 53.2% year-to-date as of the close of trading on Monday. Currently there are 3 analysts who rate VimpelCom a buy, 1 analyst rates it a sell, and 3 rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates

VimpelCom

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on VIP go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Wireless Telecommunication Services industry. The net income has significantly decreased by 58.8% when compared to the same quarter one year ago, falling from $255.00 million to $105.00 million.
  • The debt-to-equity ratio is very high at 3.52 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Along with the unfavorable debt-to-equity ratio, VIP maintains a poor quick ratio of 0.76, which illustrates the inability to avoid short-term cash problems.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Wireless Telecommunication Services industry and the overall market, VIMPELCOM LTD's return on equity significantly trails that of both the industry average and the S&P 500.
  • Net operating cash flow has declined marginally to $1,610.00 million or 3.88% when compared to the same quarter last year. Despite a decrease in cash flow of 3.88%, VIMPELCOM LTD is in line with the industry average cash flow growth rate of -8.02%.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 51.87%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 60.00% compared to the year-earlier quarter. Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it could be one of the factors that may help make the stock attractive down the road. Right now, however, we believe that it is too soon to buy.

You can view the full analysis from the report here:

VimpelCom Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

At the close,

Interphase

(

INPH

) was down $0.06 (2.3%) to $2.53 on average volume. Throughout the day, 11,636 shares of Interphase exchanged hands as compared to its average daily volume of 10,100 shares. The stock ranged in price between $2.46-$2.58 after having opened the day at $2.58 as compared to the previous trading day's close of $2.59.

Interphase Corporation, an information and communications technology company, provides connectivity, interworking, and packet processing solutions in the Pacific Rim, North America, and Europe. Interphase has a market cap of $22.6 million and is part of the telecommunications industry. Shares are down 33.1% year-to-date as of the close of trading on Monday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates

Interphase

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins and generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on INPH go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Communications Equipment industry. The net income has significantly decreased by 26.0% when compared to the same quarter one year ago, falling from -$0.90 million to -$1.13 million.
  • The gross profit margin for INTERPHASE CORP is currently lower than what is desirable, coming in at 30.75%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -34.58% is significantly below that of the industry average.
  • Looking at the price performance of INPH's shares over the past 12 months, there is not much good news to report: the stock is down 38.66%, and it has underformed the S&P 500 Index. In addition, the company's earnings per share are lower today than the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Communications Equipment industry and the overall market, INTERPHASE CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • INTERPHASE CORP's earnings per share declined by 23.1% in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, INTERPHASE CORP continued to lose money by earning -$0.39 versus -$0.54 in the prior year.

You can view the full analysis from the report here:

Interphase Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

CounterPath

(

CPAH

) was another company that pushed the Technology sector lower today. CounterPath was down $0.02 (2.4%) to $0.80 on light volume. Throughout the day, 14,126 shares of CounterPath exchanged hands as compared to its average daily volume of 23,400 shares. The stock ranged in price between $0.74-$0.83 after having opened the day at $0.83 as compared to the previous trading day's close of $0.82.

CounterPath has a market cap of $34.0 million and is part of the telecommunications industry. Shares are down 23.4% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate CounterPath a buy, 1 analyst rates it a sell, and 1 rates it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.