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PLX Technology Inc (NASDAQ:PLXT), Down By 5.92% ($0.37) From $6.250 After BUYINS.NET Report Predicted Stock Would Go Down Due T

^{Published on 2012-07-11 07:43:13 - WOPRAI}
 

July 11, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Friday, June 29th 2012 stating that PLX Technology Inc (NASDAQ:PLXT) 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=plxt&id=289179

At the time this story was written, PLX Technology Inc (NASDAQ:PLXT) is Down By $0.37 (5.92%) 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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PLX Technology Inc (NASDAQ:PLXT) - PLX Technology, Inc. designs, develops, manufactures, and sells integrated circuits. Its products include PCI Express switches for fan-out in servers and storage systems, dual graphics in gaming and workstation systems, control planes in networking and communications systems, and backplanes in embedded and industrial equipment. The companys products also comprise PCI Express bridges that upgrade conventional PCI products for use in PCI Express systems, as well as in servers, storage host bus adapters, graphics, TV tuners, and security systems; and direct attached storage devices, which are system-on-a-chip products that allow external storage to connect to a PC through a USB or external Serial ATA connection. In addition, it offers network attached storage devices to provide storage that attaches to a local area network; and PCI bridges that translate and extend the PCI bus, as well as offer a bridge between the PCI and various other serial and parallel general purpose interfaces. Further, the companys products include USB interface chips for computer peripherals to connect to a PC through an external cabled connection, as well as for use in devices, such as multi-function printers, DVD camcorders, portable media players, portable navigation systems, digital cameras, PDAs, and hard disks; and a complete solution consisting of semiconductor devices, software development kits, hardware design kits, operating system ports, and firmware solutions. Additionally, it has a collaboration agreement with Texas Instruments Inc. The companys products are used by companies in the server, storage, communications, pc peripheral, and consumer and embedded markets, as well as by electronic equipment manufacturers. It markets and sells its products worldwide through direct regional sales managers, a network of independent manufacturers representatives, stocking representatives, and distributors. The company was founded in 1986 and is headquartered in Sunnyvale, California.

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Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net