Tech stocks were on the march Friday, led by

Research In Motion

( RIMM).

The BlackBerry maker was soaring 12.8%, above its 52-week high after reporting

in-line earnings and upping its outlook after the previous bell. The company posted second quarter net income of $287.7 million, or 50 cents a share, up from $140.2 million, or 25 cents a share, in the same quarter last year. Analysts polled by Thomson Financial were expecting earnings of 50 cents a share. The company reported revenue of $1.37 billion, vs. $658.5 million in the same quarter of last year. Analysts were expecting revenue of $1.36 billion.

While not the blowout quarter investors have become accustomed to, Research In Motion shareholders were enthused over the company's third-quarter outlook. The company expects revenue of between $1.6 billion and $1.67 billion and earnings of between 59 cents and 63 cents a share. Analysts were expecting revenue of $1.51 billion and earnings of 55 cents a share. Goldman Sachs upped its price target by $30 to $147 and maintained a buy rating. The stock was gaining $12.88 to $113.42.



also was climbing 2.7%, after a Sanford C. Bernstein analyst said in a research note Friday the company would be worth far more if broken up, according to


. The note also said such a scenario was unlikely, but shares rallied 73 cents to $27.88.

Search giant


(GOOG) - Get Report

also was edging up 2.6% on two bullish analyst reports. Bear Stearns boosted the stock's target to $700 and maintained its outperform rating. Nollenberger upped its price target $75 to $650 and maintained a buy rating. Shares were gaining $14.97 to $594.

Research In Motion was the biggest mover on the Nasdaq 100, which also includes components Yahoo! and Google. The index was gaining 43.03 to 2148.59.

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Digital optical communication system maker


(INFN) - Get Report

was jumping 7.2% on no major announcements. Shares were adding $1.67 to $24.87.

Not all tech stocks were rallying.


(SPRT) - Get Report

slipped 20.1%, after the stock was downgraded on disappointing third-quarter guidance. The tech support company now sees a non-GAAP net loss of between 8 cents and 10 cents a share, down from its earlier outlook of 9 cents to 11 cents a share. The company also cut its revenue forecast to $11.1 million to $11.3 million, down from earlier guidance of $12 million to $13 million. Analysts expected a loss of 10 cents a share on revenue of $12.7 million. Needham downgraded the stock to hold from buy. Shares shed $1.27 to $5.06.



was sinking 13.1%, after Bear Stearns downgraded the wireless broadband service provider to per perform from outperform. The firm cited concern about its deal with

Spring Nextel

(S) - Get Report

to roll out a nationwide WiMax network. Shares were falling $3.10 to $20.51.

MetroPCS Communications


was shedding 9.4%, after the discount flat-rate cell phone service reported a growing subscriber base, but also a growing number of defections. The company said it added about 671,000 subscribers in its fiscal second quarter, a 16.6% increase from the year-ago period. The company also reported a "churn" of 5.2%, an increase of 0.2% from the second quarter of 2006. The company ended the quarter with 3.7 million subscribers. Shares were falling $2.59 to $25.01.