Diamonds and Dogs


Comtech Telecommunications (CMTL)

Comtech Telecommunications is flying high today, up 17.49% to $38.76. The telecommunications company specializing in advanced communications solutions saw its shares climb after the increased revenue and earnings from its third quarter of the fiscal year were made public. This improvement in revenue turned out better than expected at $88.9 million. This posted revenue as well as their good cash flow from global operations were strengths that we taken into account by investors. Confidence in the company grew from their posted earnings as well as their positive outlook on the end fiscal year ahead, which is now expected to be in the revenue range of $342 million to $346 million.

Rally Software (RALY)

It is finally baseball season but there is no rally in Rally Software. Rally Software established in 2001, offers cloud computing-based solutions for managing Agile software development. Rally Software shares fell close to 30% today, which may be caused by the lower expected revenue than what was previously projected. Rally Software was projected about 22.5 million in revenue this quarter but the company expects only 20-21 million in revenue. Rally Software is expecting 30 million less in revenue this year than what was previously projected. As previously stated it looks like there is no rally in Rally Software.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.