Hang Ten? These Big Tech Companies Are Most Likely to Warn
Editor's Note: This story was first published June 4. Juniper warned on June 8; Intel stuck to its numbers in a June 7 midquarter update; Broadcom warned June 6.
Is the other shoe about to drop on tech stocks?
The last two months have seen computer and telecom shares rally sharply, as the Fed
kept cutting interest rates and the economy stabilized. But
market observers agree that most companies are still seeing much slower business than they would like. In fact, despite investors' recent enthusiasm, there's no sign that the slowdown will lift anytime soon: Cisco (CSCO Quote), for instance, warned last week in a regulatory filing that it sees no sign of a pickup in telecom spending.
With the second quarter more than two-thirds done and earnings season just a month away, analysts and investors say many of the big names in tech remain at risk. In every tech industry, from PCs to networking to wireless communications, big companies have cut their earnings and revenue expectations -- but perhaps not enough. With this in mind, TheStreet.com presents a sector-by-sector look at some of the big tech companies and their prospects for this quarter.
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