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Netgear Inc. is Added to Watch List.
0 Comments | M2 Presswire, November, 2006
M2 PRESSWIRE-17 November 2006-bellwetherreport.com: Netgear Inc. is Added to Watch List(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:17112006 NETGEAR (NASDAQ:NTGR) is looking out for the little guy. The company designs a range of wired and wireless networking equipment -- hubs, routers, switches, servers, and interfaces -- for connecting PCs in home and small business settings to each other and the Internet.
NETGEAR sells through distributors, Ingram Micro (one-quarter of sales) and Tech Data (17) in particular; to retailers such as Circuit City and Best Buy; and directly through its online store. The company uses third-party manufacturing services contractors in China and Taiwan to produce its equipment. Shares were down 6 despite winging award....
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