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by mkr-hn
5596 days ago
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http://online.wsj.com/article/BT-CO-20110210-714816.html "Cisco's (CSCO, $19.04, -$3.00, -13.61%) fiscal second-quarter profit declined 18% with margins sliding for a fourth consecutive quarter as the company faced increasing pricing pressure in its core products and sold less profitable consumer products. " I'm seeing increased competition in a rough market driving profits down, not the warning bells of a pop. |
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