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JNPR shares was down 8% closind at 18.12$ today in the wake of its third consecutive incomplete earnings report.
The company has not provided a balance sheet for the past three quarters because of an internal investigation into its past stock option grants. JNPR reported a revenue of about $596 million, up 4 percent from $575 during the same period last year. Looking at the chart, stock breakdown today an important support at 18.40 , next support is near 17$.

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Shares of Motorola rose nearly 7% to 19.58$, after the company announced today that billionaire investor Carl Icahn is seeking a position on its board of directors. Looking at the chart it still show weakness as the stock is trading below 50 dma and 200 dma. The stock is on rally with K line on top over D line, and this rally should at least take the stock back to 50 dma closing the gap.

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Shares of NFLX fell today 2.6% to 22.55$ , after Roth Capital downgraded its rating to 'sell' from 'hold'. Looking at the chart it still show weakness as the stock is trading below 50 dma and 200 dma. However with K line on top over D again we may see a improvement in stock price. MACD is above 0.

Chart courtesy of stockcharts.com

Chart courtesy of stockcharts

RAMBUS said after the market close that quarterly revenue rose 24% over a year earlier, driven by new patent licensing agreements. Fourth-quarter revenue was $51.7 million from a revenue of $41.6 million a year earlier. The stock was up 0.71 or 4% to 18.19$. Looking at the chart, the stock has broken out an important resistance at 18$ before earnings, let's see if tomorrow this resistance will support the stock. According to this earnings report I'm Bullish in the stock, however my only fear is the stock option grants. RMBS said it won't complete its restatement by the Feb. 9 deadline set by Nasdaq's listing qualifications panel, and said it has asked the listing council to stay the move, but there's no assurance the stay will be granted. It's a dificult decision , but the results have been great, it's my opinion.

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Shares of Sunmicro doesn't react to much to the latest news, stock was down 0.02 or 0.35% to 5.75$.
Sun Microsystems Inc. and Intel Corp. said today they reached an agreement where Sun will buy Intel chips to use in its server systems. The companies said the deal includes joint engineering, design and marketing efforts. In the daily chart we start to see some weakness in the stock with MACD cross below 0, however this situation must be confirmed in the next sessions, because Uptrend is still in place.

Chart courtesy of stockcharts

Chart courtesy of stockcharts

Will be 2007 the year of the merger between the big players in satellite radio? Most of the Investors and analysts think so.

Chart courtesy of stockcharts

Chart courtesy of stockcharts

XMSR stock rose 10% to 16.65$ after received a positive note from Citigroup analyst Eileen Furukawa that lifted her 12 month price target on XM Satellite Radio to $21 from 16$.
This upgrade was based in the increasing numbers of customers who buy cars and trucks equipped with XM radios that perhaps sign up the service, also she added the possibility of a merger with rival Sirius Satellite Radio probably during this year. She maintained her buy rating on XM shares.
As I have mentioned in my commentary during the post of the weekend, XMSR still trading in an uptrend, showing strength when moves up. The technical chart looks Bullish with MACD again back above 0, RSI is rising in the Bullish territory and stock price trading above 20,50 and 200 dma.

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Shares of LVLT surged today more than 2% to 6.08$ with higher-than-normal volume, after positive news from JP Morgan that raised numbers and the price target to 8$. The technical chart looks Bullish with both 50 dma and 200 dma going up and breaking into new highs, MACD is on top of 0, so keep an eye on LVLT.

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Shares of JDSU rose today more than 4% to 17.93$ after the company said that it planned to buy Casabyte, a company specializing in monitoring the service quality of mobile phone networks. According to JDSU this acquisition will help to bolster its position in the network quality assurance market. In my opinion I think that this acquisition could be very good for JDSU, Casabyte provide automated quality assessment technology to the wireless industry.
The technical chart show that JDSU just broke out of downtrend line (from 22 Nov to 3 Jan 07) Volume is starting to pick up and RSI come back to the Bullish area.