http://quote.bloomberg.com/analytics/bquote.cgi?story_num=cced74bf2af16c859b78a1b9ba3c985b&view=story&version=marketslong99.cfgOscar Gruss's Alper on ECI Telecom 2nd-Qtr Earnings: Comment Tel Aviv, Aug. 5 (Bloomberg) -- Following are comments by Gilad Alper, an analyst at Oscar Gruss & Son Inc., on ECI Telecom Ltd.'s second-quarter earnings. Israel's largest maker of telecommunications equipment said revenue for the quarter was a less-than-expected $290.2 million and earnings per share was 57 cents, meeting the estimates of five analysts surveyed by Bloomberg: ``It isn't a brilliant report. The market won't react with great excitement. This report talks more about hopes for the future rather than successes of the present. ``Whether the stock will react negatively to the report depends on the conference call. The price is very low right now.ECI's DCME systems, which expand the capacity of telephone networks, ``simply isn't growing. It has stopped being the dominant part of ECI. One thing people always said about DCME is that it had an amazing gross margins. ``The DCME has reached a transition year: the old products have finished growing and the new generation hasn't come out yet. ``I'm waiting for a report that demonstrates how the marketing of ECI succeeded in selling the products of Tadiran Telecom.'
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