Friday, November 12, 2010

Cisco in News




Cisco's discouraging outlook has dragged the Wall Street lower. Cisco reversed the gains and its earnings were dull.

But most of the investors viewed Cisco's problems as company-specific.

Tech bellwether Cisco Systems lost its market value in frenzied trading, a day when a gloomy revenue outlook left investors jittery, and some brokerages downgraded the stock.

yes Cisco news has driven the US stocks to end up lower...but I think its to do with a company and it should not bother (impact) other stocks...

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