TMCNet:  8X8 INC Shares Up 9.9% Since SmarTrend's Buy Recommendation (EGHT)

[December 18, 2012]

8X8 INC Shares Up 9.9% Since SmarTrend's Buy Recommendation (EGHT)

Dec 18, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for 8X8 INC (NASDAQ:EGHT) on October 26th, 2012 at $6.75. In approximately 2 months, 8X8 INC has returned 9.93% as of today's recent price of $7.42.

In the past 52 weeks, shares of 8X8 INC have traded between a low of $2.55 and a high of $7.58 and are now at $7.42, which is 191% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.2% while the 50-day MA has advanced 0.5%.


8x8, Inc. provides voice-over-Internet protocol creation platforms, hosted Internet PBX solutions, voice and video semiconductors, and related software. The Company offers service providers the tools to create next-generation Internet protocol network services, while providing telecommunications manufacturers with embedded technology, software stacks, and reference designs.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of 8X8 INC shares.Log in and add 8X8 INC (EGHT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

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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