Jan 25, 2005 (streetinsider.com via COMTEX) --Raymond James downgraded Paradyne Networks, Inc. (Nasdaq: PDYN) from an 'outperform' to 'underperform' rating. The firm lowered their outlook on the stock, citing disappointing Dec qtr performance and the likelihood of continued losses as PDYN enters a difficult transition period. With traditional DSL DSLAM deployments starting to moderate and the uptake of IP video still in its infancy, they believe that 2005 could prove to be a challenging year.
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