NetScout Tumbles on Downgrade
NetScout (NTCT) - Get Report was down 32.6% after Bear Stearns downgraded its rating on the stock to attractive from buy. The performance management software company announced Tuesday that Cisco (CSCO) - Get Report will no longer resell its products under the Cisco SwitchProbe brand.
NetScout said its long-standing relationship with Cisco will continue, and added that its nGenius Real-Time Monitor will be included in Cisco's networks package.
NetScout said it will market other products directly or through channel partners to Cisco customers.
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