NEW YORK (CNNfn) - Linux frenzy continued Tuesday, with an information technology training specialist announcing an acquisition. But the world's leading maker of tape drives for data storage tanked following an earnings warning.
Wave Technologies International Inc. (WAVT) gained 52 percent. The computer training specialist, which offers training in products offered by vendors such as VA Linux Systems, agreed to acquire Sair Inc., a developer of Linux training materials.
St. Louis, Mo.-based Wave advanced 2-3/16 to 6-3/8.
But Quantum Corp. -- DLT & Storage Systems Group (DSS) slumped 21 percent. The firm said late Monday it expects third-quarter earnings of 30 cents per share, below Wall Street expectations of 34 cents.
Milpitas, Calif.-based Quantum fell 2-1/2 to 9-1/2.
One of the session's top performers, Genicom Corp. (GECM), soared 93 percent. The printer maker and network systems service provider announced an agreement after the market close Monday to supply printers to Start Computer Group, one of the leading personal computer suppliers to the Chinese market.
Chantilly, Va.-based Genicom rose 13/16 to 1-11/16.
Technical Chemicals and Products Inc. (TCPI), a developer of diagnostic products and drug delivery technologies, surged 113 percent after launching a new e-commerce program for direct consumer sales of its HealthCheck home testing and screening products.
Pompano Beach, Fla.-based Technical Chemicals gained 9/16 to 1-1/16.
Innotrac Corp. (INOC) suffered, plunging 41 percent. The firm, whose main activity is selling and distributing telephone caller ID units, said it expects to report fourth-quarter earnings between 8 and10 cents per share, against 22 cents in the year-earlier period.
Duluth, Ga.-based Innotrac declined 5-5/16 to 7-9/16.
Columbus McKinnon Corp. (CMCO) jumped 34 percent. The firm, which makes equipment supplied to construction and transportation markets, said Tuesday it will use Bear Stearns & Co. as an adviser to explore business strategies, including a possible sale or merger of the company in order to maximize shareholder value.
Amherst, N.Y.-based Columbus McKinnon advanced 3-15/16 to 15-11/16.
Another equipment maker performed well.
Semitool Inc.(SMTL) gained 28 percent after it said it expects strong first-quarter earnings of at least 23 cents per diluted share. Earnings tracker First Call Corp. forecasts 7 cents.
Kalispell, Mont.-based Semitool, which makes semiconductor manufacturing equipment, rose 4-7/16 to 20-7/16. 
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