Polycom Inc. (NASDAQ: PLCM) is trading sharply lower this morning. The communications provider reported that third-quarter earnings fell by about 24% on lower sales. The company pointed toward sequential revenue growth and a rise in orders. After more than doubling that was not good enough. Shares were down 5.2% at $25.00 on only 35,000 shares in teh after-hours session after earnings. At 8:54 AM EST we have shares trading down almost 13% at $22.95 on 140,000 shares. The 52-week trading range is $12.19 to $28.43. -JON C. OGG
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