Polycom (PLCM) shares have plunged on weaker than expected guidance. It appears Cisco (CSCO) is doing a better job in the marketplace.
Guidance from Polycom is about 10% below consensus expectations and about 15% below whisper numbers.
It appears that Cisco and Huawei, a Chinese company are providing stiff competition to Polycom.
It is still too early to buy Polycom.
If and when six screens of the ZYX Change Method are satisfied, we will issue a buy signal on the Real Time Feed of the ZYX Buy Change Alert.