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TranSwitch Corp. Message Board

  • mindsweep11 mindsweep11 Mar 7, 2013 3:49 PM Flag

    Herb "bert " Chen selling (40,000) wonder why . what about telecom patterns

    Txcc director sells (40,0000) shares. with a resurgence of world-wide telecom orders now taking place.
    wonder if Director Chen believes TXCC patents have not much chance tin changing demise of TXCC

    Ciena Sets the Stage for a Broad Networking Surge
    By Anders Bylund | More Articles | Save For Later
    March 7, 2013 | Comments (0)

    Ciena (NASDAQ: CIEN ) is giving new hope to the entire high-speed networking sector today.

    Shares of the optical networking equipment vendor jumped as much as 17.6% overnight thanks to this morning's terrific earnings report. The company reported $0.12 of adjusted earnings per share, up from a $0.17 loss last year and way ahead of the $0.17 loss per share that analysts were expecting. Sales that came in 9% higher year-over-year also beat Wall Street's targets.

    The company is enjoying a surge of orders from the telecom sector, setting the stage for an industrywide rebound. North America is coming on strong as service providers shift into next-generation 4G networking at an accelerated pace, and even Europe is coming around. "We're seeing a lot of activity and opportunities within some of the big tier ones around the globe," said CEO Gary Smith.
    That's why the report worked wonders for Ciena's ecosystem of rivals and component suppliers as well.

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    • Please change your handle to "mindless".

    • mindsweep,

      At last reporting, Chen owned 1,083,00 shares of TranSwitch. Do you think it means anything if he sells 40K? I don't, particularly when his purchases were at a much higher price.


      • 1 Reply to callclairegreen
      • Ochs
        what is your opinion on the Gobal Telecom build-out that is now going on. If you read Transwitch
        transcript in regards with products (best-in-class) for networking infrastructure , also components for HD (data video). Does this sound positive for public TXCC investors, I assume you`re private
        public investor . without agenda (robbing) or hostility toward the TXCC investor. Thanks

        TranSwitch Corporation (Nasdaq: TXCC) provides innovative integrated circuit (IC) and intellectual property (IP) solutions that deliver core functionality for video, voice, and data communications equipment for the customer premises and network infrastructure markets. For the customer-premises market, we offer multi-standard, high-speed interconnect solutions enabling the distribution and presentation of high-definition (HD) video and data content for consumer electronics applications. We also provide a family of best-in-class communications processors. For the network infrastructure market we provide integrated multi-core network processor System-on-a-Chip (SoC) solutions for Fixed, 3G and 4G Mobile, VoIP and Multimedia applications. TranSwitch’s customers are leading consumer electronics and telecom equipment companies around the globe.

0.002-0.001(-20.00%)May 22 1:31 PMEDT