Despite previewing better-than-expected fourth-quarter sales, shares of Mentor Graphics ( MENT) fell modestly Thursday. The software company expects fourth-quarter sales to exceed $220 million, which would be ahead of the $217.6 million in sales that analysts expect. The company also said that it expects to be profitable during the quarter. Analysts are projecting earnings of 44 cents a share. During 2006, the company continues to see sales of $755 million, above analysts' forecast of $746.1 million. Shares were down 8 cents to $11.02. Shares of TeleTech Holdings ( TTEC) traded actively after the company forecast better-than-expected fourth-quarter sales. The outsourcing provider put its top line at roughly $300 million, topping analysts' forecast of $278.7 million. TeleTech said results were buoyed by government work related to hurricane relief efforts. The company expects first-quarter sales will be lower than fourth-quarter results. Earnings, meanwhile, will be hurt by lower sales and by an increase in payroll taxes. Analysts are projecting first-quarter earnings of 9 cents a share and sales of $272.2 million. TeleTech shares were trading down 2 cents to $12.11. Other technology movers Thursday included Sirius Satellite Radio ( SIRI), up 21 cents to $6.33; Lucent Technologies ( LU), up 6 cents to $2.72; Cisco ( CSCO), down 18 cents to $19.22; Apple Computer ( AAPL), up $1.97 to $85.87; Conexant Systems ( CNXT), down 1 cent to $3.30; Intel ( INTC), up 26 cents to $26.40; Microsoft ( MSFT), down 28 cents to $27.01; Oracle ( ORCL), down 3 cents to $12.57; Applied Materials ( AMAT), up 4 cents to $20.69; JDSU ( JDSU), down 6 cents to $2.87; and Sun Microsystems ( SUNW), down 2 cents to $4.50.