POLYCOM (PLCM) SHARES PLUNGE ON COMPETITION FROM CISCO (CSCO)
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
October 20, 2011