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More on Dycom (DY): FQ4 misses on all counts as revenue growth slowed. Gross margin narrowed to...

More on Dycom (DY): FQ4 misses on all counts as revenue growth slowed. Gross margin narrowed to 20.7% from 21.3%. Shares -12% AH.

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Comments (1)
  • TMKrause
    , contributor
    Comments (54) | Send Message
     
    Fundamentally, Dycom seems to be in a great market. We will certainly see growing demand for internet and telecom lines to fuel America's and Canada's growing use of the internet and demand for higher internet speeds. As I recall, the company is not overly leveraged and has good liquidity. A 12% drop for missing your targets by small amounts seems like an over-reaction to me. Tomorrow is probably a good day to buy Dycom!
    28 Aug 2012, 07:04 PM Reply Like
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