In a sign a lot of bad news about enterprise IT spending is baked in, F5 (FFIV +0.7%) has turned...


In a sign a lot of bad news about enterprise IT spending is baked in, F5 (FFIV +0.7%) has turned positive in spite of receiving an estimate cut from William Blair. Like others, the firm is worried about the impact of the European debt crisis and slowing North American demand, given recent comments (I, II) from many enterprise tech names. F5 remains down over 25% from its early April highs.

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