Updated from 1:03 p.m. EDTShares of Primus Telecommunications ( PRTL) were among the worst-performing technology stocks Friday after the company swung to a second-quarter loss that missed analysts' expectations and
NetGear ( NTGR) rose after it posted better-than-expected second-quarter earnings results and offered a better-than-expected third-quarter sales outlook. Excluding items, the networking products manufacturer earned 17 cents a share during the second quarter on sales of $88.4 million. Analysts had expected it to earn 14 cents a share on sales of $87.7 million. Looking ahead, it expects third-quarter sales of $98 million to $101 million. Analysts are looking for it to post sales of $94 million. Shares of NetGear traded up $2.34, or 25.7%, to $11.44. Shares of Opnet Technologies ( OPNT) fell after the company posted in-line first-quarter results but warned that second-quarter results would not meet expectations. The management software company earned 10 cents a share during the first quarter on sales of $16.8 million, matching analysts' estimates. Looking forward, it expects to earn 7 cents to 9 cents a share on sales of $16 million to $16.5 million. Analysts are looking for it to earn 11 cents a share on sales of $17.2 million. Shares of Opnet Technologies traded down $2.14, or 18.6%, to $9.34. Other technology volume leaders included Intel ( INTC), up 14 cents to $24.38; Microsoft ( MSFT), up 1 cent to $28.49; Cisco ( CSCO), up 12 cents to $20.92; Lucent ( LU), down 6 cents to $3.05; and JDS Uniphase ( JDSU), up 1 cent to $3.45.