IKANOS COMMUNICATIONS INC (NASDAQ:IKAN), Down By 10.11% ($0.09) From $0.870 After BUYINS.NET Report Predicted Stock Would Go Do
June 4, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Friday, May 25th 2012 stating that IKANOS COMMUNICATIONS INC (NASDAQ:IKAN) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=ikan&id=278574
At the time this story was written, IKANOS COMMUNICATIONS INC (NASDAQ:IKAN) is Down By $0.09 (10.11%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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IKANOS COMMUNICATIONS INC (NASDAQ:IKAN) - Ikanos Communications, Inc. provides broadband semiconductor and software products for the digital home. The company develops and markets end-to-end products, which enable service providers to offer triple play services, including voice, video, and data. Its products provide access to digital subscriber line (DSL) access multiplexers, optical network terminals, concentrators, customer premises equipment, modems, and residential gateways for original equipment manufacturers. The company offers various product lines in the fiber, very-high-bitrate DSL (VDSL) and asymmetric DSL (ADSL) markets. Its communications processors support various wide area network topologies, including passive optical network, DSL, wireless metropolitan area networks, and Ethernet; integrated communications processor and ADSL data pump are used for modems and other devices targeting the ADSL modem market; and VDSL standalone chipsets and integrated communications processors enable the broadband over copper market and provide transmission rates up to 100 megabits per second downstream and upstream. The company serves original design manufacturers, contract manufacturers, network equipment manufacturers, and original equipment manufacturers through direct sales and third-party sales representatives worldwide. It was formerly known as Velocity Communications and changed its name to Ikanos Communications, Inc. in December 2000. Ikanos Communications was incorporated in 1999 and is headquartered in Fremont, California.
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Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.
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