Flip videocassette camera to occur killed by Cisco
Cisco shares fell 5 cents to $17.42 taking part in afternoon trading. The shares are close to their 52-week low of $16.97, attain a month before.Analyst Simon Leopold on Morgan Keegan alleged the pullback on the consumer plane is a safe item representing investors, but not as much as necessary to position rancid a cattle rally.Consumer products state been a drag on Ciscos results as they pass profit margins with the intention of are far lesser than the big-ticket center equipment the company sells to corporations and governments, Leopold whispered.