It has already in pre market filled in a gap it had at 103.6250-105.00. The next level of support is one I am looking for it to hold. BRCM has to have some profit taking, and I look for BRCM to not be able to break 240.00 before it tests the 205-210.00 area. The stock is way ahead of itself, and it should have plenty cash in on its latest run. EXFO is a designer, manufacturer and marketer of fiber-optic test, measurement and monitoring instruments for the telecommunications industry.
Revenues reflect a higher demand for scientific products and an increase in sales of other products.
Net income also reflects a higher gross margin due to increased economies of scale. Most of the recent IPO's don't have any track record. The stochastic have turned up and it looks primed to go. Conexant Systems provides semiconductor products and systems solutions for communications electronics. Conexant delivers integrated systems and semiconductor products for a broad range of communications applications.