Communications as a Service (CaaS) Industry News

TMCNet:  Relatively Low Sales Growth Detected in Shares of Cogent Communications in the Alternative Carriers Industry (CCOI, PGI, TWTC, TWER, SAAS)

[November 30, 2012]

Relatively Low Sales Growth Detected in Shares of Cogent Communications in the Alternative Carriers Industry (CCOI, PGI, TWTC, TWER, SAAS)

Nov 30, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Alternative Carriers industry with the lowest sales growth. Cogent Communications ranks lowest with a sales growth of 3.0%. Premiere Global Services is next with a sales growth of 5.6%. tw telecom ranks third lowest with a sales growth of 7.1%.

Towerstream follows with a sales growth of 19.9%, and inContact rounds out the bottom five with a sales growth of 25.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of inContact on October 19th, 2012 by issuing a Downtrend alert when the shares were trading at $5.92. Since that call, shares of inContact have fallen 6.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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