(EMAILWIRE.COM, February 02, 2010 )
Dallas, Tx – Conolog Corporation (NASDAQ:CNLG) went up 90.05% to $4.01 on 21.63 million shares after the company announced receiving advance orders for its PDR systems and other communication equipment valued at over $1,900,000 with deliveries to be scheduled over the next fiscal year.
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Telefonaktiebolaget LM Ericsson (ADR) (NASDAQ:ERIC) soared 5.48% to $10.21 on 10.69 million shares. The stock hit an intraday high and an intraday low of $10.28 and $10.13 respectively. In the last six months the stock went up over 5%. Telefonaktiebolaget LM Ericsson is a supplier of network equipment and related services to telecom operators. The Company offers a portfolio of telecommunication and data communication systems, multimedia solutions and professional services, covering a range of technologies.
Ceragon Networks Ltd. (NASDAQ:CRNT) surged 10.26% to $13 on 1.52 million shares after the company announced that for fiscal 2010, it expects profits to grow more rapidly than revenues, with a target of 30%-35% revenue growth for fiscal 2010 over fiscal 2009. The Company reported net profit of $7.3 million on revenue of $182.2 million in fiscal 2009. According to Reuters Estimates, analysts were expecting the Company to report net profit of $14.17 million on revenue of $221 million for fiscal 2010.
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Tech. Stocks Top Losers were NASDAQ: VRSN, QSFT, CNLG (EMAILWIRE.COM, February 05, 2010 ) Dallas, Tx - Verisign, Inc. (NASDAQ:VRSN) went down 1.12% to $23.04 on 6.97 million shares after the company posted a quarterly profit but missed estimates, hurt... |
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