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Technology Stocks : Symmetricom Inc.
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From: mopgcw8/12/2006 12:49:25 AM
   of 281
 
Symmetricom, Inc. has struggled throughout the recent fiscal
year (ended June 30th) to increase its revenues on a quarterly
basis. Despite the continual introduction of new products,
only in the March quarter was the company able to show
year-over-year top-line growth. Profits were even harder to
come by, with quarterly comparisons falling in each period. As
a result, investors have turned their backs on the shares. Although
year-end results may change some investors’ minds,
we think it is more likely that the company will report profits
that are once again below expectations. We think subscribers
can find more promising investments elsewhere.
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