Insightful analysis and commentary for the US and global equity investor
Contributors: Douglas McIntyre Jon C. Ogg

Previous Posts

Wednesday, August 09, 2006

Cisco Affecting Many Stocks

If you think Cisco Systems (CSCO) earnings aren't having a positive impact on most stocks in the related sector(s), take a look at the others today. The funny thing is that some of these winners such as Extreme, Foundry, and even Juniper are probably having a harder time as far as business operations because of Cisco's success. Here is a snapshot of some of these companies:

Stock Ticker Price $ Change
Ciena CIEN $ 3.73 $ 0.24
Finisar FNSR $ 2.97 $ 0.29
Broadcom BRCM $ 25.79 $ 1.85
Marvell MRVL $ 18.15 $ 0.80
JDSUniphase JDSU $ 2.24 $ 0.13
PMC-Sierra PMCS $ 5.52 $ 0.40
Connexant CNXT $ 1.67 $ 0.07
Sycamore SCMR $ 3.60 $ 0.02
Extreme EXTR $ 3.62 $ 0.10
Foundry FDRY $ 10.37 $ 0.37

Oddly enough, Netgear (NTGR) is up less than 1% at $19.96. It competes directly with Cisco's Linksys unit for home and business networking equipment.
 Subscribe

Powered by Blogger