RE: QuestionCSCO's nubers will effect all tech stocks tommorrow, (Today). THe only way they would'nt id=s if there is a significant NR,
However.......CSCO numbers are a mixed bag.....and I don't see them having much effect either way. They came in under the street by .03. Normally that would hurt a good deal in these markets, but there numbers tell another story, and that is of a single one time write off, that without would have put them above analysts predictions by .01. So in fact not so bad. But the real story is that they are forecasting a 3% stronger next quarter, which normally is their weakest......so there you go.
I think CSCO will take a temporary hit but the rest of the tech market will be generally flat. CSCO is down 3-4% in Afterhours.