UPDATE: Again, from Tech Trader Daily, "Cisco Sees Q3 Rev $7.8 - $8.3B, Below $8.7B Est."
Shares of Cisco Systems (CSCO), which were rising more than 7% after market, are on the retreat now, down 65 cents, or 4%, to $15.19...MOREOriginal post:
I really, really wanted a whiff and the chance to own the thing cheaper. The stock was recently up a couple percent in after hours trade.
From Tech Trader Daily:
Computer networking titan Cisco Systems (CSCO) this evening reported sales and profit for its fiscal Q2 ending in January that beat analysts’ expectations on both counts. Sales of $9.1 billion fell 7.5%, year-over-year, and fell 11.6% from Q1 sales of $10.3 billion, beating the average estimate for $9 billion in sales. Profit of 32 cents per share, excluding some chargtes, beat the average estimate of 30 cents....MORESome of our other posts that mention CSCO:
Stimulus package winners: broadband arms dealers (CSCO)
Cash is King: The 10 richest tech companies (Off-topic)
Al Gore, Generation Investment Management Form 13F, Filed July 31, 2008
PCs, Mobile Phones Can Save The Environment, Says Study Funded By Makers Of PCs, Mobile Phones