Posted by Eric Savitz
Shares of a variety of companies with ties to Cisco Systems (CSCO) are trading lower in the after-hours session after the networking equipment giant disclosed disappointing results for the October quarter, and provided weak guidance for both the fiscal second quarter ending in January and for the July 2011 fiscal year. Here ’s a brief look at some of the fallout.
Among communications component suppliers:
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Cavium Networks (CAVM) is down $2.58, or 7.5%, to $32.
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NetLogic (NETL) is down $1.61, or 5.1%, to $29.75.
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Altera (ALTR) is down $1.93, or 5.7%, to $31.90.
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Xilinx (XLNX) is down $1.06, or 3.9%, to $26.36.
Among Cisco rivals:
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Juniper Networks (JNPR) is down $3.04, or 8.8%, to $31.51.
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Hewlett-Packard (HPQ) is down 67 cents, or 1.5%, to $43.49.
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Ciena (CIEN) is down 44 cents, or 3%, to $14.17.
Among contract manufacturers:
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Jabil (JBL) is down 87 cents, or 5.8%, to $14.23.
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Flextronics (FLEX) is down 10 cents, or 1.4%, to $6.90.
Among other large-caps with big reliance on corporate IT spending:
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Microsoft (MSFT) is down 32 cents, or 1.2%, to $26.62.
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Intel (INTC) is down 41 cents, or 2%, to $20.63.
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Oracle (ORCL) is down 46 cents, or 1.6%, to $28.23.
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Dell (DELL) is down 29 cents, or 2%, to $14.20.
And Cisco is down $3.15, or 12.9%, to $21.34.
