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Emulex Corporation Message Board

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  • kms8888 kms8888 Aug 9, 2007 5:12 PM Flag

    Beat big time, buyback, guided slightly lower

    It's a shame but the reality is that when they lower the outlook after an outstanding year/qtr they lose near term credibility. That near term could be as short as the extended trading time frame today or as long as the next month. I figure this will hit the $24.50 target well before the next earnings call. May even turn around with a market bounce next week.

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