Market Currents
Wednesday, November 5, 2008
5:48 PM
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Cisco's (CSCO) down 6.1% AH after telling analysts order growth fell 3% in October, to below the rate of shipments. CEO John Chambers says challenges will extend into the next quarter, and sees revenue of 5-10% below year-ago levels. That's $9.1B, vs. a $10.4B consensus.
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