The computer hardware industry closed the day up 0.9%. iGo Inc ( IGOI), Rimage Corporation ( RIMG), STEC Inc ( STEC), and SMART Technologies Inc ( SMT) were all decliners today within the computer hardware industry with Cisco Systems Inc ( CSCO) being today's featured computer hardware loser. Cisco Systems Inc fell 10 cents (-0.6%) to $16.99 on light volume. Throughout the day, 52 million shares of Cisco Systems Inc exchanged hands as compared to its average daily volume of 72.9 million shares. Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology industry worldwide. Cisco Systems Inc has a market cap of $89.7 billion and is part of the technology sector. TheStreet Ratings rates Cisco Systems as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.
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