<< Read Full Article
<< Read Full Article
Laugh Riot in San Jose as Cisco Rolls Out New Products
Cisco (CSCO Quote) floated two long-awaited product announcements Wednesday amid mounting concern over its market share and revenue growth.
The world's top computer networking company said that after nearly six months of delays, its new higher-capacity core router is rolling off the assembly line and ready to be shipped. Cisco also made available a new version of its highly touted Cerent metro box, and turned comedian Dennis Miller loose on a Hollywood-based Web cast. Who says Wall Street has it easy?
So as some investors wondered whether Cisco's really ready to win back router share, the company's shares lost 19 cents to $37.81 amid a late-afternoon Nasdaq selloff.
Juicing It Up
...Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |
Connect with TheStreet