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	<title>Stock Blog Hub &#187; Polycom</title>
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		<title>(PLCM) Polycom Beats Earnings &#8211; Remains Challenged</title>
		<link>http://www.stockbloghub.com/2010/08/01/plcm-polycom-beats-earnings-remains-challenged/43638</link>
		<comments>http://www.stockbloghub.com/2010/08/01/plcm-polycom-beats-earnings-remains-challenged/43638#comments</comments>
		<pubDate>Mon, 02 Aug 2010 00:04:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Processing Systems & Products]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[CSCO]]></category>
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		<category><![CDATA[Polycom]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=43638</guid>
		<description><![CDATA[Yesterday, Polycom Inc. (PLCM) declared its second quarter 2010 financial results that beat the Zacks Consensus Estimate. GAAP net income for the second quarter was $12.6 million or 14 cents per share compared with a net income of $15.3 million or 18 cents per share in the prior-year quarter. However, adjusted (excluding special items) EPS in the same quarter was 31 cents, a significant increase of 10 cents from the Zacks Consensus Estimate. However, we remain concerned regarding the future growth of the company’s high-margin Network Systems business for which revenues declined nearly 7% sequentially. In this segment, Polycom is facing stiff competition from Cisco System Inc. (CSCO) after its acquisition of Tandbarg TV in March 2010. As a result, Polycom share price dropped by $3.19 (9.97%) to $28.82 in ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PLCM) Polycom GAAP Delivers in First Quarter</title>
		<link>http://www.stockbloghub.com/2010/04/22/plcm-polycom-gaap-delivers-in-first-quarter/34652</link>
		<comments>http://www.stockbloghub.com/2010/04/22/plcm-polycom-gaap-delivers-in-first-quarter/34652#comments</comments>
		<pubDate>Thu, 22 Apr 2010 20:31:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Processing Systems & Products]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[PLCM]]></category>
		<category><![CDATA[Polycom]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=34652</guid>
		<description><![CDATA[Yesterday, after market closed, Polycom Inc. (PLCM) declared its first quarter 2010 financial results. GAAP net income for the first quarter was $5.4 million or 6 cents per share compared with a net income of $8 million or 10 cents per share in the prior-year quarter. However, adjusted (excluding special items) earnings per share (EPS) in the same quarter came to 18 cents, in line with the Zacks Consensus Estimate. Quarterly total revenue of $276.2 million was up 22.5% year-over-year. This was also better than the Zacks Consensus Estimate of $263 million. The increase in revenue was primarily due to a strong demand for Video Solutions products, particularly the high-margin Network Systems products. Quarterly gross margin was 57.7% compared with 56.3% in the year-ago quarter. Operating expenses in the same ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/22/plcm-polycom-gaap-delivers-in-first-quarter/34652/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(PLCM) Polycom Earnings Preview &#8211; Strong Market Demand</title>
		<link>http://www.stockbloghub.com/2010/04/20/plcm-polycom-earnings-preview-strong-market-demand/34399</link>
		<comments>http://www.stockbloghub.com/2010/04/20/plcm-polycom-earnings-preview-strong-market-demand/34399#comments</comments>
		<pubDate>Tue, 20 Apr 2010 21:12:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Processing Systems & Products]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[LOGI]]></category>
		<category><![CDATA[Logitech International SA]]></category>
		<category><![CDATA[PLCM]]></category>
		<category><![CDATA[Polycom]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=34399</guid>
		<description><![CDATA[The unified collaborative communications (popularly known as video conferencing) market is going through consolidation phase. Polycom Inc. (PLCM) remains the only pure play video conferencing solutions provider which is yet to collaborate with another company. The company will declare its first quarter 2010 financial results on Apr 21 after the closing bell. Video conferencing market becomes highly competitive after Cisco System Inc’s (CSCO) acquisition of Tandbarg and Logitech International SA’s (LOGI) purchase of privately held LifeSize Communications Inc. Strong Market Demand As a result of the severe economic downturn, business enterprises on a global basis are restricting travel budgets as cost control measure. This makes Polycom’s high-definition telepresence solutions a cost-induced alternative in an increasingly interactive world. The company is a leading solutions provider for video conferencing, with an estimated ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/20/plcm-polycom-earnings-preview-strong-market-demand/34399/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(PLCM) Polycom Makes Deal with Hewlett-Packard (revised)</title>
		<link>http://www.stockbloghub.com/2010/03/25/plcm-polycom-makes-deal-with-hewlett-packard-revised/31705</link>
		<comments>http://www.stockbloghub.com/2010/03/25/plcm-polycom-makes-deal-with-hewlett-packard-revised/31705#comments</comments>
		<pubDate>Fri, 26 Mar 2010 00:35:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Processing Systems & Products]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[JNPR]]></category>
		<category><![CDATA[Juniper Networks]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[PLCM]]></category>
		<category><![CDATA[Polycom]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31705</guid>
		<description><![CDATA[In its efforts to counter the competitive threat from rival Tandberg, Polycom Inc. (PLCM) scores a major gain. Hewlett-Packard Co. (HPQ) will continue to provide support and integration services on Tandberg to customers that want Tandberg technology as part of their unified communications and collaboration solution, but HP has entered into a strategic agreement with Polycom to sell its video conferencing products. According to Gartner Inc, the video conferencing market will grow at a CAGR (compound annual growth rate) of 17.8% between 2008 and 2013, rising from $3.8 billion to reach $8.6 billion. During the last couple of quarters, Polycom is trying hard to expand its business relationship with several original equipment manufacturers and resellers after Cisco System Inc. (CSCO) decided to acquire Tandberg for a consideration of $3.41 billion. ]]></description>
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		<title>(PLCM) Polycom Wins Strategic Relationship With Hewlett-Packard</title>
		<link>http://www.stockbloghub.com/2010/03/23/plcm-polycom-wins-strategic-relationship-with-hewlett-packard/31455</link>
		<comments>http://www.stockbloghub.com/2010/03/23/plcm-polycom-wins-strategic-relationship-with-hewlett-packard/31455#comments</comments>
		<pubDate>Tue, 23 Mar 2010 17:56:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Processing Systems & Products]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[JNPR]]></category>
		<category><![CDATA[Juniper Networks]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[PLCM]]></category>
		<category><![CDATA[Polycom]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31455</guid>
		<description><![CDATA[In Its efforts to counter the competitive threat from rival Tandbarg, Polycom Inc. (PLCM) scores a major gain. Hewlett-Packard Co. (HPQ) recently terminated its existing contract with Tandbarg ASA and entered into a strategic agreement with Polycom to sell the latter’s video conferencing products. According to Gartner Inc, the video conferencing market will grow at a CAGR (compound annual growth rate) of 17.8% between 2008 and 2013, rising from $3.8 billion to reach $8.6 billion. During the last couple of quarters, Polycom is trying hard to expand its business relationship with several original equipment manufacturers and resellers after Cisco System Inc. (CSCO) decided to acquire Tandbard for a consideration of $3.41 billion. The deal is currently awaiting regulatory approval. A unified Cisco-Tandbarg is likely to significantly reduce Polycom’s market share. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/23/plcm-polycom-wins-strategic-relationship-with-hewlett-packard/31455/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PLCM) Polycom Reports Mixed Earnings Results</title>
		<link>http://www.stockbloghub.com/2010/01/27/plcm-polycom-reports-mixed-earnings-results/26145</link>
		<comments>http://www.stockbloghub.com/2010/01/27/plcm-polycom-reports-mixed-earnings-results/26145#comments</comments>
		<pubDate>Wed, 27 Jan 2010 18:55:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Processing Systems & Products]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[PLCM]]></category>
		<category><![CDATA[Polycom]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26145</guid>
		<description><![CDATA[Yesterday, after market closed, Polycom (PLCM) declared its fourth quarter 2009 financial results. Quarterly total revenue of $267.9 million was up 1.8% year-over-year and up 10% sequentially. The revenue was also better than the Zacks Consensus Estimate of $256 million. The increase was primarily due to strong demand for Video Solutions products, particularly the high-margin Network Systems products. On a GAAP basis, net earnings in the quarter were $12.8 million or 15 cents per share compared to a net income of $25.7 million or 30 cents per share in the prior-year quarter. Decrease in net income was mainly due to a huge restructuring charge incurred by the company to reduce its workforce by 3%. Management informed that the headcount reduction was necessary to realign and reinvest resources in strategic growth ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/27/plcm-polycom-reports-mixed-earnings-results/26145/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(CSCO) Merger and Acquisition in Videoconferencing Market</title>
		<link>http://www.stockbloghub.com/2009/11/17/csco-merger-and-acquisition-in-videoconferencing-market/20775</link>
		<comments>http://www.stockbloghub.com/2009/11/17/csco-merger-and-acquisition-in-videoconferencing-market/20775#comments</comments>
		<pubDate>Tue, 17 Nov 2009 22:11:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Networking & Communication Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[3Com Corporation]]></category>
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		<category><![CDATA[CTXS]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
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		<category><![CDATA[LOGI]]></category>
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		<category><![CDATA[Polycom]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20775</guid>
		<description><![CDATA[Merger and acquisition activities are heating up in the unified collaborative solutions market that provides videoconferencing. Prompted by the severe economic downturn, business enterprises on a global basis are restricting travel budgets to control costs. This makes high-definition telepresence solutions a cost-induced alternative in an increasingly interactive world. This market stands to gain in the near future since enterprises, governments, and educational institutions are increasingly recognizing the productivity-enhancing benefits of video conferencing. Yesterday, Cisco System Inc. (CSCO) raised its acquisition price to $3.41 billion for Tandberg ASA, the largest videoconferencing product maker in the world with around 35% market share. Cisco itself is a developer of high-end videoconferencing solutions, which mainly comprises custom-designed digital boardrooms for executives and boards to hold global meetings. The merged entity will definitely be a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/17/csco-merger-and-acquisition-in-videoconferencing-market/20775/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PLCM) Polycom Reports Mixed Results</title>
		<link>http://www.stockbloghub.com/2009/10/21/plcm-polycom-reports-mixed-results/18371</link>
		<comments>http://www.stockbloghub.com/2009/10/21/plcm-polycom-reports-mixed-results/18371#comments</comments>
		<pubDate>Wed, 21 Oct 2009 23:52:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Processing Systems & Products]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[PLCM]]></category>
		<category><![CDATA[Polycom]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18371</guid>
		<description><![CDATA[We downgrade our recommendation for Polycom Inc (PLCM) to Neutral, following the mixed financial results of its third quarter 2009. Third quarter total revenue of $243 million was down 11.9% year-over-year but was an improvement of 5.3% sequentially. Quarterly revenue was also an improvement of 3% over the Zacks Consensus Estimate. The decline in year-over-year revenue is the result of weak demand for both Video and Voice Communication products whereas sequential improvement was primarily due to higher sales of Video Solutions products, particularly the high-margin Network System products. On a GAAP basis, net earnings in the third quarter were $13.7 million or 16 cents per share compared to a net income of $17.9 million (21 cents per share) in the prior-year quarter and a net Income of $15.3 million (18 ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PLCM) Polycom Keeps Innovating With Business-to-Business Video Services</title>
		<link>http://www.stockbloghub.com/2009/10/14/plcm-polycom-keeps-innovating-with-business-to-business-video-services/17567</link>
		<comments>http://www.stockbloghub.com/2009/10/14/plcm-polycom-keeps-innovating-with-business-to-business-video-services/17567#comments</comments>
		<pubDate>Wed, 14 Oct 2009 16:17:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Processing Systems & Products]]></category>
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		<category><![CDATA[Polycom]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17567</guid>
		<description><![CDATA[Recently, Polycom Inc (PLCM) introduced two new infrastructure platforms for visual communication network solutions that will enable large organizations, government agencies, educational institutions, and healthcare companies to deliver enterprise-wide and business-to-business video services with state-of-the-art quality, scalability and reliability. These products are (1) RMX 4000, a multipoint conferencing platform that simultaneously supports hundreds of HD video calls and more than a thousand video and audio conference calls (2) RSS 4000, a high-capacity recording and streaming server through which users will be able to easily and cost-effectively create and stream HD video and content using any telepresence and video conferencing systems. Polycom is a leading solutions provider for video conferencing, with an estimated 30%-40% share of the market. Prompted by the severe economic downturn, business enterprises on a global basis are ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PLCM) Polycom Incorporated is Upgraded to Outperform</title>
		<link>http://www.stockbloghub.com/2009/09/16/plcm-polycom-incorporated-is-upgraded-to-outperform/15373</link>
		<comments>http://www.stockbloghub.com/2009/09/16/plcm-polycom-incorporated-is-upgraded-to-outperform/15373#comments</comments>
		<pubDate>Wed, 16 Sep 2009 22:19:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15373</guid>
		<description><![CDATA[We upgrade our recommendation to Outperform for Polycom Inc. (PLCM) based on our assessment that the demand for the company’s unified collaborative communication offerings will continue to increase in the near future.  As a result of the severe economic downturn, business enterprises on a global basis are restricting travel budgets to control costs. This makes Polycom’s high-definition telepresence solutions a cost-effective alternative in an increasingly interactive world. Polycom stands to gain as enterprises, governments, and educational institutions increasingly recognize the productivity-enhancing benefits of video conferencing. The company is a leading solutions provider for video conferencing, with an estimated 30%-40% share of the market. The Flagship RPX and TPX telepresence solutions continue to grow at a healthy rate. Newly launched RMX 2000 HD Videoconferencing Media Server version 4.0, Converged Management Application ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PLCM) Polycom Keeps Restructuring &#8211; plans to cut its workforce by 3% in the third quarter</title>
		<link>http://www.stockbloghub.com/2009/08/19/plcm-polycom-keeps-restructuring-analyst-blog/12684</link>
		<comments>http://www.stockbloghub.com/2009/08/19/plcm-polycom-keeps-restructuring-analyst-blog/12684#comments</comments>
		<pubDate>Wed, 19 Aug 2009 22:10:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Processing Systems & Products]]></category>
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		<category><![CDATA[3Com Corporation]]></category>
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		<category><![CDATA[Polycom]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=12684</guid>
		<description><![CDATA[Polycom Inc. (PLCM) recently announced plans to cut its workforce by 3% in the third quarter. Consequently, the company will record a restructuring charge of $5 million &#8211; $6 million in the same quarter. Last January, management had declared plans of reducing total headcount by 150 during fiscal 2009. However, the company did not initiate any workforce-reduction program in the first half of the year. At the end of fiscal 2008, Polycom had 2,648 employees. This implies that about 80 employees would lose their jobs in the third quarter. Management said headcount reduction was needed for the company to realign and reinvest resources in strategic growth areas. We believe this decision primarily reflects a highly competitive nature of the unified collaborative communications solutions market. Polycom is in a solid position ]]></description>
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