TII Network Technologies Inc. jumped up 75 cents, or 36% to $2.82 in morning trading Wednesday after it reported its quarterly profit more than double from year-ago levels. The Copiague, N.Y. the maker of telecommunications products company posted net income of $1.5 million, or 12 cents a share compared with $597,00, or 5 cents a share in the same quarter a year ago. Sales for the period ended Sept 30 jumped 58.7% to $11 million, with the help of expanded supply agreement with its largest customer and an additional week to ship its products compared with last year. It has several hot products for the telecom industries, such as VOIP, DSL. It made 52-week high today. It is worth a look.
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