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Profit Warning Sends BATM Shares Plunging On The London Stock Exchange.(BATM Advanced...

New York, London or Tel Aviv - it is all the same, a listed company announcing that it will not meet profit expectations get its share price battered. After Israeli based BATM Advanced Communications early in December made this announcement, its London Stock Exchange listed shares dropped 52 percent in one trading session. The shares are now trading in the 1.50 Sterling range. BATM manufactures high-tech components used to control and switch traffic over computer networks. BATM share price rocketed up on the London Exchange from the 0.25 range in April 1999 to peak in September 20

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