Tech Stocks in Motion

Updated from 2:41 p.m. EST

Shares of MRV Communications ( MRVC) were among technology's winners Friday, rising 8.6% after the company posted fourth-quarter earnings and sales above expectations.

The network equipment maker earned $918,000, or 1 cent a share, on sales of $81.9 million. Analysts polled by Thomson First Call were expecting a loss of 1 cent a share on sales of $74 million. A year ago the company posted a loss of $4.9 million, or 5 cents a share, on sales of $69.1 million. Fourth-quarter earnings were helped by strong fiber-to-the-premises deployments, which contributed to a 21% jump in sales to the Americas. Looking ahead, MRV forecast first-quarter sales of $65 million to $70 million, which is in line with analysts' expectations. Shares traded up 30 cents to $3.82.

MKS Instruments ( MKSI) rose 5.8% after the company posted fourth-quarter results that were better than expected and said that it would post first-quarter earnings that could top forecasts on sales that are better than expectations. Excluding items, the semiconductor technology company earned $7.4 million, or 14 cents a share, on sales of $130.9 million. Analysts were expecting earnings of 10 cents a share on sales of $117.5 million. Looking ahead, MKS said that adjusted earnings could range from 6 cents to 12 cents a share on sales of $115 million to $125 million. Analysts had been expecting earnings of 7 cents a share on sales of $109 million. Shares traded up 99 cents to $18.10.

Shares of Arris Group ( ARRS) rose 16.1% after the telecommunications technology company posted fourth-quarter results that topped expectations and forecast first-quarter sales that are higher than expectations. The company posted pro forma earnings of 4 cents a share on sales of $129.5 million. Analysts were expecting earnings of 3 cents a share on sales of $127.2 million. Looking ahead, Arris forecast adjusted earnings of 1 cent to 5 cents a share on sales of $127 million to $137 million. Analysts are expecting earnings of 4 cents a share on sales of $126 million. Shares traded up 88 cents to $6.36.

Dell ( DELL) fell 3.8% after the company posted mixed fourth-quarter results and warned that first-quarter sales results would fall slightly below expectations. Excluding items, the computer giant posted earnings of 37 cents a share on sales of $13.46 billion. Analysts were expecting earnings of 36 cents a share on sales of $13.54 billion. Looking ahead, Dell forecast first-quarter earnings of 37 cents a share, a penny ahead of expectations, on sales of $13.4 billion, which is slightly below expectations of $13.5 billion. Shares traded down $1.58 to $39.99.

Shares of Digital Impact ( DIGI) rose 27.6% after the maker of digital marketing products received a $2-a-share bid from infoUSA ( IUSA). The deal would represent a 38% premium over Digital Impact's closing price on Thursday of $1.45. "A combination of infoUSA and Digital Impact would create a powerful leader in the fast-growing digital marketing space," infoUSA said. infoUSA said that it has communicated with Digital Impact but has not had substantive discussions regarding the terms or conditions of a possible transaction. For its part, Digital Impact acknowledged the offer and said that its board would review it. Shares of Digital Impact traded up 40 cents to $1.85, while shares of infoUSA traded up 17 cents to $11.44.

Other technology movers included Intel ( INTC), up 67 cents to $24.17; Altair Nanotech ( ALTI), down 37 cents to $4.40; Cisco ( CSCO), up 12 cents to $17.70; Microsoft ( MSFT), down 9 cents to $25.97; Oracle ( ORCL), up 21 cents to $13.35; Sirius Satellite ( SIRI), up 5 cents to $5.98; and Lucent ( LU), up 8 cents to $3.36.

More from Stocks

Proctor & Gamble Worth 40% More Broken Up?

Proctor & Gamble Worth 40% More Broken Up?

Jim Cramer on Micron: Listen to the Conference Call

Jim Cramer on Micron: Listen to the Conference Call

Jim Cramer on Intel CEO Brian Krzanich's Resignation: I Wish Him Well

Jim Cramer on Intel CEO Brian Krzanich's Resignation: I Wish Him Well

Jim Cramer: Disney Has Much More Staying Power Worldwide Than Netflix

Jim Cramer: Disney Has Much More Staying Power Worldwide Than Netflix

Former Employee Sued by Tesla Says He Saw Some 'Really Scary Things'

Former Employee Sued by Tesla Says He Saw Some 'Really Scary Things'