Market Currents
A tour of Silicon Valley networking firms CSCO, NTGR, ARUN, and SHOR leaves Barclays' Jeff Kvaal...
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Wednesday, December 7, 2011, 3:02 PM ETA tour of Silicon Valley networking firms CSCO, NTGR, ARUN, and SHOR leaves Barclays' Jeff Kvaal agreeing with Deutsche and MKM that demand remains healthy in spite of macro concerns. Kvaal adds his findings are consistent with a Barclays survey indicating a normal Q4 budget flush, but contrast with below-seasonal guidance from several networking gear vendors. (previously)
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