Investors Hold Breath as Cisco Readies Q4 Numbers

Posted by theliepolitic on Aug 5th, 2009 and filed under Internet. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed. | Viewed 263 times.

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Cisco Systems, the world’s largest maker of computer networking gear, reports its fiscal fourth-quarter results on Wednesday. When it reported results for the February to April quarter, Cisco said that sales seemed to be bottoming out after falling last year, culminating in big slide in January. This quarter, analysts and investors will be looking for news that things have started turning upward again. The stock has already been on a tear, rising from just above $18 on July 9 to more than $22 this week.

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