According to CNBC below is why apple is up. This should also be good news for SNCR so not sure why it would be down.
Apple Apple IncAAPL 152.33 4.84 +3.28% NASDAQ
[AAPL 152.33 4.84 (+3.28%) ] also advanced. Piper Jaffray online media analyst Gene Munster explained to the "Fast Money" crew on Wednesday night what the whole iPhone shortage buzz was about: a new iPhone. Munster said a new model that uses 3G technology -- crucial for global roaming -- could be out as early as the end of the month, according to a component supplier.
Low PE and a lot of growth potential but not for the faint of heart. I bought more yesterday and took a hit. They actually have quite a bit of cash as well for a growth company. The problem is ATT makes up a big portion of there revenue so there is fluctuation with every rumor. I think it is about 60% of the revenue but coming down every quarter.