Investment
CACS Carrier Access
- mapgal
» mapgal - Off the air
In response to Off the air posted by BoltonCT:
Carrier Access shares fall on weak 3Q report; Wedbush Morgan cuts price target
Wednesday 10/31/2007 1:31 PM ET - Xinhua Financial News
Shares of Carrier Access Corp. fell Wednesday after the company reported a wider than anticipated loss for the third quarter with revenue falling 54% from a year ago.
-Very ugly report. Price target dropped $4 to $3 although shares have bounced almost 12% to $3.00 today. Sounds like they're in over their heads and need to be acquired at any cost.
-- posted by mapgal
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