Oct 25th 2012 - Edison Investment Research today published a report on ADVA Optical Networking entitled "Ah Choo". In summary, the report says:
ADVA has caught the industry’s cold and even its strong new product sales were not enough to offset a fall in wire-line investment towards the end of Q3. Weakness is expected to continue into Q4 and we have cut our 2012 EPS estimates by 25%. The shares trade at an attractive discount to peers considering its ongoing revenue outperformance (albeit from a lower base).
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