(MM) (EZCH) News

Up 11.44% today !

Finally nice pop.

All out at $26 from agonizing $23 entry....

On watch, for future #s.

EZchip beats by $0.03, beats on revs; guides Q3 revs below consensus; guides FY12 revs below consensus
8:37 AM ET 8/8/12 | Briefing.com
Reports Q2 (Jun) earnings of $0.29 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus Estimate of $0.26; revenues fell 8.7% year/year to $15.8 mln vs the $15.51 mln consensus. Co issues downside guidance for Q3, sees Q3 revs down significantly QoQ (from $15.8 mln) vs. $17.85 mln Capital IQ Consensus Estimate. Co issues downside guidance for FY12, sees FY12 revs likely down YoY (from $63.5 mln) vs. $69.11 mln Capital IQ Consensus Estimate. "However, we continue to believe in our long-term, strong growth potential and are now expecting the revenue ramp to start in 2013. It is a very disappointing short term guidance that delays our expected revenue ramp, but we believe it is just a delay that does not change our long term view. We continue to believe that all our NP-4 customers will move to production until the end of the year, carriers to increase spending, the growth in edge routing to resume, and our leadership in high speed network processors to advance."

WHOAAAA !!!!!!!

Bounce Alert !!!!!!!!!!!!!

Yesterdays close $39.08
Low so far today $28.60
- $10.48

EZCH will be a $200 stock by 2015...

EZchip's 2Q earnings more than double, stock soars

http://finance.yahoo.com/news/EZchips-2Q-earnings-more-than-apf-3369520694.html?x=0&.v=1