24/7 Wall St.
08-06-2008, 11:50 AM
24/7 Wall St. Daily News
EMC Corporation (NYSE: EMC) is having a rough day, yet it is on no news of its own. The blame lies with Cisco Systems Inc. (NASDAQ: CSCO) after its earnings. Is it competition? Is it industry comments? Is it fears of a rift growing? No. It is because John Chambers of Cisco said that he is not really in favor of very large acquisitions at this time and that he'd rather focus on smaller mergers. http://feeds.feedburner.com/~f/typepad/RyNm?i=krpKBK</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=krpKBK) http://feeds.feedburner.com/~f/typepad/RyNm?i=TIEWpK</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=TIEWpK) http://feeds.feedburner.com/~f/typepad/RyNm?i=b4KtPk</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=b4KtPk)
complete story here... (http://www.247wallst.com/2008/08/emc-loses-on-la.html)
EMC Corporation (NYSE: EMC) is having a rough day, yet it is on no news of its own. The blame lies with Cisco Systems Inc. (NASDAQ: CSCO) after its earnings. Is it competition? Is it industry comments? Is it fears of a rift growing? No. It is because John Chambers of Cisco said that he is not really in favor of very large acquisitions at this time and that he'd rather focus on smaller mergers. http://feeds.feedburner.com/~f/typepad/RyNm?i=krpKBK</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=krpKBK) http://feeds.feedburner.com/~f/typepad/RyNm?i=TIEWpK</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=TIEWpK) http://feeds.feedburner.com/~f/typepad/RyNm?i=b4KtPk</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=b4KtPk)
complete story here... (http://www.247wallst.com/2008/08/emc-loses-on-la.html)