The New Economy and its Winners Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The New Economy and its Winners

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lizzie Tudor who wrote (16638)	4/14/2003 12:35:20 PM
From: Bill Harmond	Read Replies (2) of 57684

12:23 ET SONS Sonus Networks -- New High Profile (3.13 +0.35) -- Update -- One surprising addition to today's new 52-week high list is Sonus Networks (SONS), which took out its April 18, 2002 high today on above-avg volume (all-time high is $93.67.); the network infrastructure stock has been on a tear recently due to a narrower than expected loss, upgrades by Goldman Sachs and Smith Barney, and today's deal with Unefon. The 10 firms that cover the stock expect a loss of $0.10 this year and a loss of $0.05 in 2004, and expect the co to return to profitability in Q4 of 2004. Mkt cap $636 mln, avg daily volume 3.5 mln shares, float 188 mln shares, cash $106 mln.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next