A sound generating pet toy is provided which includes two similarly configured pet toy components. Each pet toy component has an exterior housing and an electronics module. The electronics module includes and electronics circuit having d.c. batteries, a microprocessor which includes a wireless transceiver component, a timer, a speaker, a push button on/off switch, and a high sensitivity vibration switch sensor. The microprocessor is electrically coupled to and powered by the batteries. The microprocessors are programmed to emit a sound upon activation from a first pet toy components, and thereafter to switch the generation of the sound to the second pet toy component upon sensing movement of the first pet toy component, this switching occurring back and forth between the two pet toy components as long as movement is sensed.