Friday's Tech Winners & Losers

Shares of Research in Motion ( RIMM) were among technology's biggest winners Friday, soaring 21% after the Blackberry device maker posted higher-than-expected second-quarter results and offered a third-quarter guidance that far exceeded forecasts.

For the period ended Sept. 2, the company posted preliminary second-quarter earnings of $140.8 million, or 74 cents a share, on revenue of $658.5 million. Analysts polled by Thomson First Call expected earnings of 71 cents a share on revenue of $644.3 million. During the year-earlier quarter, the company earned $111.1 million, or 56 cents a share, on revenue of $490.1 million.

Looking ahead, Research in Motion sees third-quarter earnings of 88 cents to 95 cents a share, with revenue of $780 million to $820 million. Analysts project earnings of 78 cents a share and revenue of $700 million. Shares recently were adding $17.87 to $103.93.

Corel ( CREL) shares jumped 14% after the software company's third-quarter results and fourth-quarter guidance topped forecasts. For the quarter ended Aug. 31, the company earned $5.5 million, or 22 cents a share, reversing a year-earlier loss of $3 million, or 15 cents a share. Excluding stock-based compensation costs, Corel earned $9.2 million, or 36 cents a share, a nickel above analysts' mean estimate. Revenue rose to $41.3 million from $38.5 million. Wall Street expected revenue of $41.1 million.

Corel sees fourth-quarter earnings of 40 cents to 45 cents a share, bracketing analysts' average projection of 43 cents. The company predicts revenue of $46 million to $48 million, compared with analysts' forecast of $45.2 million. Shares were trading up $1.62 to $12.97.

Shares of NII Holdings ( NIHD) rose 7% after the provider of mobile communications extended a supply agreement with Motorola ( MOT) for five years. NII will supply Motorola with its iDEN handsets and iDEN network infrastructure. The deal is set to expire at the end of 2011. NII shares were trading up $3.99 to $61.94.

Tibco Software ( TIBX) traded actively after the company posted mixed third-quarter results and issued in-line fourth-quarter guidance. For the quarter ended Sept. 3, the software company earned $11.3 million, or 5 cents a share. Excluding stock option costs, the company earned 7 cents a share, beating analysts' forecast by a penny. Tibco's revenue totaled $120.4 million, shy of Wall Street's expectation of $121.1 million. A year earlier, the company earned $13.8 million, or 6 cents a share, on revenue of $105.9 million.

For the fourth quarter, Tibco anticipates earnings of 11 cents a share and revenue of $140 million to $144 million. Analysts also project earnings of 11 cents a share, and revenue of $142 million. Tibco shares were up 5 cents to $8.94.

Shares of Presstek ( PRST) tumbled 21% after the maker of digital imaging equipment cut its third-quarter revenue projection. The company estimates a loss of 2 cents a share and revenue of $65 million to $66 million. Previously, Presstek predicted revenue would be roughly equal with second-quarter revenue of $74.2 million. Analysts project earnings of 8 cents a share and revenue of $74.1 million. Shares were trading down $1.31 to $4.92.

Other technology movers included Intel ( INTC), up 1 cent to $20.78; JDSU ( JDSU), down 3 cents to $2.22; Sun Microsystems ( SUNW), unchanged at $4.98; Cisco Systems ( CSCO), down 17 cents to $23.31; Microsoft ( MSFT), down 6 cents to $27.34; Oracle ( ORCL), down 15 cents to $17.84; and Level 3 Communications ( LVLT), up 11 cents to $5.28.

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