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Shares of microcap wireless communications provider Alvarion (ALVR -24%) sink after the company...

Shares of microcap wireless communications provider Alvarion (ALVR -24%) sink after the company lowered Q1 guidance this morning. The cut is largely due to weak sales in one of its older product lines - to be replaced later this year - as well as delays in a large order that was set aside to next quarter. It now sees Q1 revenues of around $33M - $33.5M, below Street expectations of $40M.
Comments (2)
  • Looks like since late '07 it just started to wither... Who knows why?
    6 May 2012, 03:08 PM Reply Like
  • Any educated projections on when or if this stock will rebound?
    16 May 2012, 01:48 PM Reply Like
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