Allot (ALLT -21.4%) and rival Procera (PKT -11.3%) plummet after Oppenheimer downgrades Allot to...

|About: Allot Communications Ltd. (ALLT)|By:, SA News Editor

Allot (ALLT -21.4%) and rival Procera (PKT -11.3%) plummet after Oppenheimer downgrades Allot to Perform and predicts a Q4 miss. The firm, which has been one of Allot's strongest supporters, says checks indicate European demand has slowed and that several U.S. projects have been completed early, leading to a revenue gap. It thinks Q4's book-to-bill could wind up below 1.