StreetInsider.com After-Hours Movers 10/09

October 9, 2007 6:13 PM EDT
StreetInsider.com After-Hours Movers:

Allot Communications Ltd. (Nasdaq: ALLT) 14% LOWER; now expects to report revenues for 2007 in the range of $32 million to $35 million, which is lower than its previous guidance. The Wall Street consensus is $38.35 million. The Company anticipates that based on preliminary results for the third quarter ended September 30, 2007, revenues for the quarter will be approximately $7.0 million. The Wall Street consensus is $9.5 million.

Angiotech Pharmaceuticals, Inc. (Nasdaq: ANPI) 12.4% HIGHER; will file Premarket Notification, or 501(k) documents with the Food and Drug Administration in order to receive approval for its anti-infective 5-Fluorouracil-coated (5-FU) Central Venous Catheter (CVC).

Fremont General Corporation (NYSE: FMT) 9% HIGHER; In a 13G filing, Harbinger Capital disclosed a 9% stake (7,000,000 shares) in the company. The firm did not show a stake in Fremont General at the quarter ended June 30, 2007. A 13G indicates a 'passive investment'.

LDK Solar Co.Ltd. (NYSE: LDK): 3.5% LOWER; Gives back some after gaining 19.4% today after the company said it does not believe there are any material inconsistencies with what LDK has disclosed in its financial statements. The company also raised Q3 revenue guidance.

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