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Polycom (PLCM -17.8%) is trading near its 52-week low following its Q1 warning, which it...
Polycom (PLCM -17.8%) is trading near its 52-week low following its Q1 warning, which it attributes to weak sales in North America and Asia-Pac, and which has triggered a downgrade to Market Perform from BMO. The warning is likely raising fears of additional share loss to Cisco (CSCO) in the videoconferencing hardware market; IDC believes Cisco's Q4 videoconferencing sales strongly outpaced Polycom's.
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