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Technology Stocks : Allot Communications Ltd (ALLT)
ALLT 9.630+0.3%Oct 31 9:30 AM EDT
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From: JakeStraw9/15/2011 8:14:52 AM
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Allot Communications Ltd. (ALLT), the biggest gainer among Israeli companies traded in the U.S. over the past year, is weathering a global economic slump as soaring sales of iPhones and iPads boost demand for the company’s data traffic equipment, Chief Executive Officer Rami Hadar said.

“As long as people continue to innovate with applications and devices like iPhones and iPads then Allot should be OK,” Hadar said in a phone interview from the company’s headquarters in Hod Hasharon, Israel. “So far so good. We’re not feeling any slowdown in our business.”

bloomberg.com
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