Shares of Polycom and Tekelec Heading in Opposite Directions This Quarter
October 25 2011 - 8:16AM
Marketwired
Companies in the Processing Systems and Products sector have seen
an uptick in demand for their services in part due to the increase
in demand for video management and networking services.
Additionally, companies have been experiencing strong growth in
video-conferencing demand throughout the emerging markets of Asia.
The Paragon Report examines the outlook for companies in the
Processing Systems & Products Industry and provides stock
research on Polycom, Inc. (NASDAQ: PLCM) and Tekelec (NASDAQ:
TKLC). Access to the full company reports can be found at:
www.paragonreport.com/PLCM
www.paragonreport.com/TKLC
Tekelec engages in the design, development, manufacture,
marketing, sale, and support of telecommunications products and
services. Shares of the TKLC skyrocketed last week after the
company reported preliminary third-quarter profit that was better
than analysts estimated. Furthermore, Tekelec said that its
diameter signaling router, which controls the flow of traffic for
so-called voice over Internet protocol, or phone calls transmitted
over the Internet, won a $20 million contract in early October.
The Paragon Report provides investors with an excellent first
step in their due diligence by providing daily trading ideas, and
consolidating the public information available on them. For more
investment research on the Processing Systems & Products
Industry register with us free at www.paragonreport.com and get
exclusive access to our numerous stock reports and industry
newsletters.
Polycom, Inc. provides communications solutions to enterprise,
government, education, and healthcare customers to enable voice,
video, and content communications. Shares of the company were
hammered earlier this month after it forecast dismal fourth-quarter
sales in the face of slow corporate spending and increased
competition from rivals like Cisco Systems.
Polycom currently derives 24 percent of its revenue from Asia.
Once considered a growing market, companies with heavy Asian
operations are struggling of late. China's third-quarter gross
domestic product was up 9.1% from a year earlier, slowing from 9.5%
growth in the second quarter and 9.7% growth in the first, China's
National Bureau of Statistics said last week. Growth fell short of
the median 9.2% forecast of 14 economists surveyed by Dow Jones
Newswires.
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above-mentioned publicly traded companies. Paragon Report is
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services. We act as an independent research portal and are aware
that all investment entails inherent risks. Please view the full
disclaimer at http://www.paragonreport.com/disclaimer
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