Author Topic: Technology: Cisco Systems Misses High Expectations; Stock Down  (Read 434 times)

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Technology: Cisco Systems Misses High Expectations; Stock Down
« on: February 18, 2013, 01:29:18 PM »
Cisco Systems Misses High Expectations; Stock Down

Shares of Cisco Systems (CSCO) were down 1% in midday trading Thursday, as investors were hoping the company would raise its guidance for the current quarter. Late Wednesday, the No. 1 maker of computer networking gear reported fiscal Q2 earnings that beat Wall Street views, but its outlook for the current period that only met expectations. "(Cisco's) in-line guidance for the April quarter may be slightly disappointing given high expectations amid

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