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10/09/2009 Ceragon stock jumps after WiMax order

Shares of Ceragon Networks Ltd. got a boost Thursday after the Israel-based wireless equipment maker said it received an equipment order worth several million dollars.

The company did not give a more specific value for the order, which is from a North American WiMax operator.

WiMax works like Wi-Fi, but over much greater distances.

Ceragon's shares rose 82 cents, or 9.9 percent, to $9.07 in midday trading. Earlier, the stock hit a 52-week high of $9.16.

 
RF Castle Electronics Co., Ltd.    TEL: +886-6-3586018    FAX: +886-6-3586029     E-mail:sales@rfcastle.com
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