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Vonage has the Lowest Forward P/E Ratio in the Alternative Carriers Industry (VG, IRDM, PGI, TNDM, ABVT)
[March 26, 2012]

Vonage has the Lowest Forward P/E Ratio in the Alternative Carriers Industry (VG, IRDM, PGI, TNDM, ABVT)

Mar 26, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Alternative Carriers industry with the lowest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.Vonage ranks lowest with a a forward P/E ratio of 6.40. Following is Iridiummmunications with a a forward P/E ratio of 9.60. Premiere Global Services ranks third lowest with a a forward P/E ratio of 11.01.

Neutral Tandem follows with a a forward P/E ratio of 12.79, and AboveNet rounds out the bottom five with a a forward P/E ratio of 24.42.

SmarTrend recommended that subscribers consider buying shares of AboveNet on November 30th, 2011 as our technology indicated a new Uptrend was in progress when shares hit $59.39. Since that recommendation, shares of AboveNet have risen 40.0%. We continue to monitor AboveNet for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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