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Thursday, October 18, 2012 11:33:38 AM
There's a reason that Needem only lowered price target $5 from $120 to $115. This company has NEVER provided guidance more than one quarter in advance because the replacement cycle and product mix changes Q-Q. This company has exceeded their own guidance Q after Q consistently for over a year now. Shorts will get massacred as soon as analysts are done buying at these discount levels. I got some last night in the after hours at $72. I would not be surprised to see this stock close down $5 overall for the day or go positive like AMZN did after guidance lower than the street. You need to follow guidance by the company not the street IMO. These executives are executing and growth is spiking with the move to mobile & wireless, again, listen to the conference call before trading this one, it can move fast in either direction creating some good entry points!!!
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