(NASDAQ:PLCE) The Children’s Place Retail Store, Inc.

Up +5.43 cents or 12.37%. Currently trades 49.31 at 2:01 PM ET. Has a 52 week range of 39.75- 57.63. Weekly Performance is -1.22%, Monthly Performance is -0.59% and YTD -11.60%.

The Children’s Place, the largest pure-play children’s specialty apparel retailer in North America, today announced financial results for the fourth quarter and fiscal year 2010 periods ended January 29, 2011.Shares of The Children’s Place ticked 6% higher today, Wednesday,  after the retailer revealed a stronger-than-expected fourth-quarter profit, and announced another $100 million stock buyback program.

“The Children’s Place made significant progress in 2010. We increased top-line sales through growth in our e-commerce business and the opening of 67 new stores, primarily in value centers. We significantly strengthened our management team and made solid progress on our five key growth initiatives,” Elfers continued. “The decision to authorize another $100 million share repurchase program is consistent with the Company’s commitment to increasing returns on capital and creating long-term shareholder value.”

AEO

(NYSE:AEO) American Eagle Outfitters, Inc.

BEBE

(NASDAQ:BEBE) Bebe Stores, Inc.

Up +0.13 cents or 2.26%. Is trading 5.87 a share at 2:00 PM ET. 52 week range is between 5.34- 10.01. Weekly Performance is -0.52%, Monthly Performance 0.70% and YTD -3.85%.

Bebe stores, Inc. engages in the design, development, and production of women’s apparel and accessories.

(NASDAQ:EXFO) Electrical-Optical Engineering

Down -1.17 cents or – 9.03%. Currently trades 11.79 at 11:21 AM ET. Trades within a 52 week range of 4.69- 13.19. The weekly performance is 12.99%,  Monthly Performance 13.29% and YTD 83.57%.

Germain Lamonde, Chairman, President and CEO, and Pierre Plamondon, CA, Vice-President of Finance and Chief Financial Officer, will review EXFO’s second-quarter results for fiscal 2011 on March 31, 2011. The conference call will be held at 5 p.m. Eastern time, one hour after the release of financial results.

On April 12, 2011, Mr. Lamonde and Mr. Plamondon will be joined by other members of EXFO’s management team for an Investor Day at the TSX Broadcast and Conference Centre in Toronto. The Investor Day, which will extend from 10 a.m. to 2 p.m., will cover key issues facing the company during the current telecom investment cycle. To listen to the Investor Day via telephone, dial (416) 981-9080.

EXFO Electro-Optical Engineering Inc. designs, manufactures, and markets test and service assurance solutions for network service providers (NSPs) and equipment manufacturers in the telecommunications industry worldwide.

JDSU

(NASDAQ:JDSU) JDS Uniphase Corporation

Down -2.89 cents or -11.39%. Currently trading 22.49 at 11:21 AM ET. Ranges for the pas 52 weeks between 9.05- 25.12.  Weekly Performance is 1.04%, Monthly Performance 11.51% and YTD 75.28%.

JDS Uniphase released three wavelength selective switch (WSS) products for 50 GHz applications, further extending its portfolio with the low-port-count (LPC) WSS, the Nano WSS, and the Mini WSS with monitoring capability yesterday. “This extended portfolio of WSS solutions will support 40/100 G network rollouts that will continue over the next several years. It’s a great milestone,” said Gurpreet Mand, director of ROADM products at JDSU.

Today JDSU announced the release of new 40G and 100G optical components, providing a cost effective solution for network equipment manufacturers (NEMs) high speed data transmission requirements. ”This is the latest step in the continuous expansion of our transmission components portfolio. These new additions allow us to work collaboratively with our customers as they are developing new solutions to meet the explosive demand for bandwidth,” said Tom Fawcett, senior director of transmission products at JDSU.

JDSU Uniphase Corporation provides communications test and measurement solutions, and optical products to telecommunications service providers, cable operators, and network equipment manufacturers. The company’s Communications Test and Measurement segment supplies instruments, service-assurance systems, and services to enable the design, deployment, and maintenance of communication equipment and networks.

RITT

(NASDAQ:RITT) RiT Technologies Ltd.

Down -0.26 cents -3.75%. Currently trading 6.68 at 11:21 AM ET. Trades within a 52 week range of 1.10- 13.45. Has a weekly performance of 5.95%, Monthly Performance is 27.81% and YTD -4.93%.

RiT Technologies announced last week that it has appointed Vsevolod Krylov to become the Head of its Russian representative office. The new appointment is part of the Company’s plan to strengthen its positioning in Russia. Under Mr. Krylov’s leadership, the Russian office will aim to expand the Company’s partner network in Russia and to promote the intelligence concept and solutions to the local market. The office’s long-term goals include the development of sales channels, expansion of partner relationships in the areas of marketing and technical support, and enhancing collaboration with customers, including government and commercial organizations.

FNSR

(NASDAQ:FNSR) Finisar Corp.

Down -14.32 cents or -35.76%. Trading 25.72 at 11:23 AM ET. Fluctuating between the 52 week range of 11.98- 46.09. Has a Weekly Performance of  0.91%, Monthly Performance of 2.75% and YTD is 34.86%.

Finisar yesterday announced financial results for its third quarter ended January 30, 2011.

“In our just completed third quarter, our revenues were a record $263.0 million, exceeding the revenue guidance of $247.0 to $262.0 million that we provided at the time of our second quarter earnings release. This revenue growth was driven primarily by demand for our 40 Gbps transponders, wavelength selective switches (WSS) and ROADM line cards. Our non-GAAP earnings per diluted share was a record $0.47, at the top end of our prior guidance of $0.45 to $0.47 per share, and would have been $0.48, except for the impact of our common stock offering in December 2010. However, one of the benefits of the offering is that our cash balance at the end of the quarter was over $300 million,” said Jerry Rawls, Finisar’s executive Chairman of the Board.

“We achieved new company records for quarterly revenues, non-GAAP operating income and non-GAAP net income during the quarter. Our revenues for WSS/ROADM line card products grew 22.7% from the second quarter,” said Eitan Gertel, Finisar’s Chief Executive Officer. “We continue to execute on our new product development programs, including tunable XFP, to generate a significant pipeline of products, which we expect will enable us to win new opportunities with customers and expand our market share.”

Finisar Corporation designs, develops, manufactures, and markets optical subsystems and components that are used to interconnect equipment in short-distance local area networks (LANs), storage area networks (SANs), longer distance metropolitan area networks (MANs), fiber-to-the-home networks, cable television networks, and wide area networks.

(NYSE:WDC) Western Digital Corp.

Up +3.89 cents or 12.96%. Trading 33.90 at 2:55 PM ET. For the past 52 weeks has been in a range of 23.06- 45.09. Opened last week at 29.49, closing Friday at 30.01. Last week WDC was trading at its lowest prices so far this year.

Western Digital announced that it has established a research and development (R&D) center in Singapore, where the Company will leverage the local talent pool and expertise of research organizations, such as Singapore’s A*STAR Data Storage Institute (DSI), and universities in the development of advanced hard drive technologies.

The Company also announced that it is entering an agreement with DSI to collaborate on the development of advanced head, media and hard drive system design. Western Digital will have invested SGD500 million (approximately $390 million USD) in Singapore over the next five years, including its recent media plant acquisition, capital equipment for capacity expansion and technology enhancements and the HDD R&D Center.

Western Digital Corporation (WD) designs, develops, manufactures and sells hard drives. It sells its products worldwide to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) for use in computer systems, subsystems or consumer electronics (CE) devices, and to distributors, resellers and retailers.

STX

(NASDAQ:STX) Seagate Technology PLC

Up +1.07 cents or 8.58%%. At 2:54 PM ET STX is trading 13.51. Trading within a 52 week range of 9.84- 20.90. Opened Monday of last week at 12.30 and closed Friday 12.44. STX started to fall mid-February and has continued to decrease. This is the first day in almost two weeks the stock is 13+.

Last week Seagate Technology  began shipments of the industry’s most elegant, easy-to-install 3TB desktop drive – the Barracuda XT hard drive – a product that eliminates the need to purchase extra hardware or software to overcome the 2TB barrier. The Barracuda XT hard drive delivers the highest available capacity for home servers and workstations, high-definition video editing and production systems, high-performance PC gaming systems and desktop PCs.

Seagate Technology’s chief financial officer said the number of hard-disk drives shipped in the current quarter could come in at the low end of previous projections, but demand could improve in the June quarter.

Seagate Technology Public Limited Company designs, manufactures, markets, and sells hard disk drives for the enterprise, client compute, and client non-compute market applications in the United States and internationally.

OCZ

(NASDAQ:OCZ) OCZ Technology Group Inc.

Up +0.79 cents or 10.00%. Is trading 8.69 a share at 2:48 PM ET. Close to the 52 week high of 9.23. Opened Monday 7.69 and closed Friday 7.90. OCZ has been trading within 7.00-9.oo for most of the year. However, OCZ has been rising and falling abruptly causing serious spikes regularly.  This time January OCZ was 5.00+, and this time February 8.00+.

OCZ Technology Group announced it expects to report record revenue for its fiscal 2011 fourth quarter of approximately $64 million, an increase of nearly 100% from the $32.4 million reported in last year’s fourth quarter. For the year ended February 28, 2011, revenues are expected to be approximately $189 million compared to $144 million in fiscal 2010.

OCZ Technology Group also announced that Ryan Petersen, Chief Executive Officer, and Arthur Knapp, Chief Financial Officer, will present at Roth Capital Partners’ 23 ^rd Annual OC (Orange County) Growth Stock Conference, to be held in Laguna Niguel, California from March 13-16, 2011.

OCZ Technology Group, Inc. (OCZ) is a provider of high performance solid state drives (SSDs) and memory modules for computing devices and systems. In addition to its SSD and Memory Module product lines, the Company also designs, develops, manufactures and distributes other high performance components for computing devices and systems, including thermal management solutions and alternating current/direct current (AC/DC) switching power supply units (PSUs).

(NASDAQ:CIEN) Ciena Corporation

Down -3.58 cents or -12.43%. Moving further away from the 52 week high 29.24. Currently trades 25.23 at 12:49 PM ET. Last week CIEN opened 27.80 and closed 28.71. Currently CIEN is trading at its best price this year. Overall since the new year, CIEN has gradually increased within a set range. However, early in the day shares slumped more than 9% by midmorning after the maker of optical-networking gear issued a lower-than-expected revenue forecast for the current quarter.

Ciena Corpoaration today announced unaudited results for its fiscal first quarter ended January 31, 2011. Its net loss grew to $79.1 million, or 84 cents a share, from $52.5 million, or 58 cents a share, for the same period last year. On an adjusted basis, the company said it lost $13.3 million, or 14 cents a share, in the recent period. Analysts had been expecting a loss of 16 cents a share for the quarter, according to consensus estimates from Thomson Reuters.

However, some of the integration resulted in about $10 million in second-quarter revenue being pulled forward into the first quarter, the company said. Also, Ciena noted that “we did somewhat constrain our supply chain capacity in the beginning of [the second quarter],” which also resulted in some revenue shortfall for the current period. As a result, Ciena said it expects second-quarter revenue in a range of $415 million to $435 million — below the $438.5 million expected by analysts.

Ciena Corporation (Ciena) is a provider of communications networking equipment, software and services that support the transport, switching, aggregation and management of voice, video and data traffic. The Company’s packet-optical transport, packet-optical switching and carrier Ethernet service delivery products are used, individually or as part of an integrated solution, in networks operated by communications service providers, cable operators, governments and enterprises globally.

ADTN

(NASDAQ:ADTN) ADTRAN, Inc.

Down -2.37 cents or -5.03%. Is trading now for 44.72 a share at  12:48 PM ET. For the past 52 weeks this stock has traded within a range of 23.40 and 47.70. Opened Monday of last week at 46.02 , finishing the week 47.09, the second highest close of the week. ADTN is trading remarkably compared to this time the past few months, at its best prices this year.

ADTRAN recently announced that NetVanta UC can now be deployed in virtual environments utilizing VMware. This allows service providers and resellers to offer hosted solutions based on NetVanta UC to their existing customers, to grow their customer base through new accounts and to build recurring revenue streams.

ADTRAN announced today that Ted Cole, vice president of channel sales, has been named a 2011 Channel Chief by Everything Channel’s CRN magazine. Channel Chiefs are leaders in creating effective channel programs for solution providers. They consistently defend, promote and execute effective channel partner programs and strategies. In his role, Cole focuses on setting strategy and growing ADTRAN’s sales to small and medium businesses and distributed enterprises through service providers, value-added resellers and various distributors.

EXTR

(NASDAQ:EXTR) Extreme Networks, Inc.

Down -0.16 cents or -4.22%. Falling towards the 52 week low 2.53 as it is currently trading 3.63 a share 12:40 PM ET. Opened Monday at an even 4.00 last week at and finished behind at 3.79 Friday. EXTR shifted out of range February first and started to be bought and sold at a higher value, only to increase over the next couple weeks. EXTR is still trading at a higher price this year but not at its best.

Extreme Networks is going mobile. The company recently wheeled out a roadmap that will steer the company’s product line towards mobile device and application access, availability and management support. The idea is for the company to catch businesses’ shift to mobile devices by customizing networks to meet the demands of the devices, mobile applications and corporate security, the company announced its plan at the Enterprise Connect conference on unified communications last week.

Extreme Networks, Inc. has alos announced that Bob Corey has resigned as Chief Financial Officer and Executive Vice President of the Company to pursue other endeavors. The company will be retaining a nationally known search firm and initiating a search for a replacement.

Extreme Networks, Inc. (Extreme), together with its subsidiaries, is a provider of network infrastructure equipment and services for enterprises, data centers, and metropolitan telecommunications service providers. Its customers include businesses, hospitals, schools, hotels, telecommunications companies and government agencies worldwide.

TLAB

(NASDAQ:TLAB) Tellabs, Inc.

Down -0.10 cents or -1.87%. Currently trades 5.26 at 12:46 PM ET. A lot closer to the 52 week low 5.18, which was hit last Wednesday, than the high 9.45. Opened Monday last week 5.47 finishing the week 5.36. TLAB was trading at a much higher price early in the year but began to fall late January. Although this is currently not the lowest price TLAB has experienced in 2011, the stock has still been at a fluctuated decline.

Tellabs, Inc. is engaged in designing and marketing equipment and services to communications services providers worldwide. The Company’s products and services enable its customers to deliver wireline and wireless voice, data and video services to business and residential customers. It sells its products domestically and internationally through its field sales force and distributors/partners.

(NASDAQ:RADS) Radiant Systems, Inc.

Up +0.14 cents or 1.30%. Gaining on the 52 week high 20.69. Currently trades 10.91 at 2:24 PM ET. Opened Monday at 17.24, closed Thursday 17.48. This week RADS has been trading at some of the lowest prices this year. Since mid-February RADS has steadily declined. Today’s close could close shares at their highest value this week.

Radiant Systems, Inc.  has named Philip J. Hickey Jr. to its Board of Directors, effective February 25, 2011.

Radiant Systems announced that Mark Haidet, the company’s chief financial officer, will be presenting at the 32^nd Annual Raymond James Institutional Investors Conference in Orlando, Florida on Tuesday, March 8 at 9:50 a.m. Eastern Time. He then will be speaking at the 9th Annual New York MAC: Management Access Conference for Micro-Small-Mid-Cap Companies in New York on Wednesday, March 9, 2011, at 2:55 p.m. Eastern Time.

Radiant Systems, Inc. is a provider of technology focused on the development, installation and delivery of solutions for managing site operations in the hospitality and retail industries. It focuses on delivering site systems, including point-of-sale (POS), self-service kiosks, solution peripherals, mobile ordering and payment devices, back-office systems, site management technology and business services, such as customer loyalty programs, electronic gift card management, reporting systems management, electronic payment processing, centralized data management and ongoing maintenance and support services for its two segments: hospitality and retail.

PAY

(NYSE:PAY) Verifone Systems, Inc.

Up +0.91 cents or 1.87%. Gaining on the 52 week high 49.91. Currently trades 49.50 at 2:29 PM ET. Monday opened 46.20 and closed Thursday 48.59. PAY is extremely volatile trading with no pattern. At this time PAY is trading at one of its better values this year.

VeriFone Systems Inc. reported Tuesday that its net income surged 202% in its fiscal first quarter, which ended Jan. 31, from a year earlier.

VeriFone Systems, Inc. (VeriFone), formerly VeriFone Holdings, Inc., is a holding company for VeriFone, Inc. The Company is engaged in the secure electronic payment solutions. It provides solutions, and services for the financial, retail, hospitality, petroleum, transportation, government, and healthcare vertical markets. Its system solutions consist of point of sale (POS) electronic payment devices that run its and third-party operating systems, security and encryption software, and certified payment software, as well as other third-party value-added applications.

HYC

(NYSE:HYC) Hypercom Corpoation

Up +0.14 cents or 1.30%. Getting closer to the 52 week high 11.12. Currently trades 10.91 at 2:24 PM ET. Opened Monday 10.24 and closed Thursday 10.77. HYC is working its way back to some of its highest prices this year.

Hypercom saw an increase in its fourth quarter profits of 400 percent, and it posted a yearly profit that was nearly double last year’s tally. Hypercom currently is poised to be bought for about $485 million by VeriFone Systems Inc. Company CEO and President Philippe Tartavull said Hypercom’s growth shows there is continued demand for the company’s products.

Hypercom Corporation (Hypercom) is a global provider of electronic payment and transaction solutions and value-added services at the point of transaction. The Company designs and sells a variety of electronic transaction terminals, peripheral devices, transaction networking devices, transaction management systems, application software and information delivery services.