DZS Services Inc (DZSI)

[Mouthhee]

02:46 PM EDT, 07/24/2013 (MidnightTrader) -- Shares of Zhone Technologies Inc. (ZHNE), which makes communications networks equipment, have soared more than 30% to $2.93 in afternoon trade, and earlier established a new 52-week high of $2.97.

An article in Seeking Alpha said that despite ZHNE's recent climb in stock price, there's still plenty of room to grow. "It is very rare to find a company whose stock has recently doubled that remains undervalued and simultaneously offers investors significant upside potential in both the near and long-term. Although rare, this seems to be the case with Zhone Technologies (ZHNE)," said the article. The author is long on the stock.

Price: 2.93, Change: +0.71, Percent Change: +32

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