Cisco's shares up on view of set-top-box inventory
A new FCC mandate going into effect Sunday will result in cable companies replacing many of their old set-top boxes, a move that Cisco subsidiary Scientific Atlanta has anticipated by building its inventory of the new devices. Although some analysts see this as creating a potential one-time blip for Cisco sales, Merrill Lynch released a "buy" recommendation for Cisco, sending the company's shares up 2.1% Thursday.
Forbes | 06/28
This story published in USTelecom dailyLead on 06/29/2007
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