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 Biggest Technology Losers were DELL, LOGM, ADCT : by Penny Stock Pick alertNovember 21, 2009 (EMAILWIRE.COM, November 21, 2009 ) Dallas, TX - Dell Inc. (NASDAQ:DELL) went down 9.96% to $14.29 after the company yesterday announced that for the fourth quarter of 2010, it expects revenue to improve over the third quarter. The Company reported revenue of $12.896 billion in the third quarter of 2010. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $13.584 billion for the fourth quarter of 2010.LogMeIn, Inc. (NASDAQ:LOGM) plunged 9.95% to $17.55 after the company yesterday announced that it has priced 3,125,000 shares of its common stock at $18.50 per share in a secondary public offering. 99,778 shares are being offered by the Company and 3,025,222 are being offered by selling stockholders. In addition, the underwriters have a 30-day option to purchase up to 468,750 additional shares of common stock from certain selling stockholders to cover over-allotments, if any. ADC Telecommunications (NASDAQ:ADCT) declined 10.99% to $5.91 on over 18.25 million shares after the company said on Thursday it lost $19.2 million in a shortened fourth quarter marked by accounting charges. Its shares fell sharply in after-hours trading as its guidance came in below analyst expectations. The company said it expects sales of $250 million to $275 million during its first quarter, which will run four months and end Jan. 1, 2010. It expects to lose 15 cents to 5 cents per share. That would include a non-cash amortization expense of 5 cents per share. ABOUT http://www.PennyStockPickalert.com The website alerts investors on Top Stocks that would help investors to generate higher than average returns. These include various types of stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our regular Stock pick Alerts helps investors to achieve incredible results in a short amount of time . PennyStockPickAlert.com Robert Wilson 214 556 6798 info@pennystockpickalert.com Source: EmailWire.Com Come And Visit
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