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For this article, I am going to mention a couple of technology stocks that I feel can increase substantially from their current price in the relative near-term future. While there are plenty of names out there that have taken a major hair cut due to market conditions, these two names will hopefully make you some nice money in the coming months.

VirnetX Holding Corp. (NYSEMKT:VHC)

The current share price was $18.56 as of Tuesday afternoon. VirnetX is an Intellectual Property patent holding company that specializes in developing and commercializing software and technology solutions for securing real-time communications over the Internet. Its software and technology solutions, which include secure domain name registry and GABRIEL Connection Technology, facilitate secure communications and create a secure environment for real-time communication applications, such as instant messaging, voice over Internet protocol, smart phones, eReaders, and video conferencing. The company focuses on commercializing its technologies to original equipment manufacturers within the IP-telephony, mobility, fixed-mobile convergence, and unified communications markets.

Essentially, 4G cellular phone security is the name of the game here, and VirnetX is a force that should be taken seriously. Patent technology has made a lot of news in recent weeks with the sale of Motorola Mobility (NYSE:MMI) to Google (NASDAQ:GOOG) and for the current auction-style bidding that is taking place with InterDigital (NASDAQ:IDCC). The bankrupt company Nortel had its patents sell at auction for $4.5 billion months ago. VirnetX is definitely a company that could possibly be bought out by a big technology company such as Google, Apple (NASDAQ:AAPL) or Qualcomm (NASDAQ:QCOM).

It is an extremely volatile stock, so 10-15% price movements happen quite frequently. For example, this stock will move along with whatever other news other patent companies like InterDigital are doing that particular day. VHC has only 11 full-time employees. Their market capitalization is just over $891 million. VirnetX was founded in 2005 and is based in Scotts Valley, California. The 52-week price range is between $11.43 - $41.77, and was as high as $41.77 on July 21, 2011. I like VHC at its current price and feel it is a bargain with a lot of upside. VHC trades on the AMEX exchange, and it will have anemic volume on certain days. If you do plan on buying call options, be careful and use limit orders as volume is light on contracts and there is a very large bid/ask range that can swallow your profits when you want to sell. Also worth mentioning is that VHC CEO Kendall Larsen holds 10% of all VHC stock. VHC also won litigation/eventual settlement against Microsoft (NASDAQ:MSFT) and is in a current dispute with Apple and Cisco (NASDAQ:CSCO) for copyright infringement. The patent disputes over copyright infringement and licensing fees will not be ending anytime soon, and VirnetX can really reap the benefits of them.

EMC Corporation (NYSE:EMC)

EMC traded at $22.05 as of Tuesday afternoon. It has had a nice two-day run that started Monday. A very solid, stable, and growing company with plenty of cash on reserve, EMC is a big player in the tech industry that develops, delivers and supports the information and virtual infrastructure technologies and solutions. The company offers enterprise storage systems and software, which are deployed in storage area networks (SAN), networked attached storage (NAS) and unified storage combining NAS and SAN. More recently, they have been moving into the cloud-computing area via acquisitions. This is where a lot of their growth is coming from.

To note, they are also an 80% (over 36 million shares) majority holder of VMware, Inc. (NYSE:VMW). EMC's CEO Joseph Tucci is also the chairman for VMware. He is a very proactive CEO who is always looking out for acquisitions he feels will make the company better.

EMC has traded in a 52-week range of $19.39 - $28.73. Its market capitalization is almost $44 billion. EMC has a current P/E ratio of 22.35 as of this writing, while the EPS is at 0.95. Current analyst opinion gives EMC a high price target of $36.00, a median of $32.00, and a low of $23.00, and it is covered by 32 brokers. I feel this stock can hit $33.00 by January 2012, with a low of $20.00 - so there's not too much downside risk. Oracle's earnings last week showed strong sales in Europe, and from all indications EMC looks to follow suit. Forbes recently put a $37 price target on EMC due to its "booming external storage market." Keep an eye on this one.

Source: VirnetX And EMC: 2 Technology Winners

Additional disclosure: I own January 2012 Call Options