Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of telecommunications equipment builder Tellabs
So what: The actual results of the third quarter weren't bad, roughly in line with analyst expectations overall. But management told us that sales are stalling in the fourth quarter, and gross margins will squeeze down to 44% after reaching a healthy 50% in this quarter.
Now what: On the upside, Tellabs remains more profitable than close rival Alcatel-Lucent
Interested in more info on Tellabs? Add it to your watchlist by clicking here.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. The Fool has written calls (bull call spread) on Cisco Systems. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.