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Stock Market & Financial Investment News

News Breaks
November 2, 2011
08:36 EDTEZCH
theflyonthewall.com: EZchip Semiconductor sees Q4 revenues to decline 25%-30%
EZchip Semiconductor said "For the near term, the recent mixed market signals combined with discussions of a possible recession are leading contract manufacturers to reduce inventories. Based on current, very preliminary indications, we expect revenues in the Q4 to decline by 25%-30% compared to the Q3. We believe that over the long term, Service Providers will continue to invest in Carrier Ethernet, which will drive demand for our products." :theflyonthewall.com



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