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)