SPDR S&P 500 (SPY): 2xer there has been some talks that Cisc...

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learningboutinv

Re: Two-timer post# 48996

Tuesday, 05/06/2008 2:37:37 PM

Tuesday, May 06, 2008 2:37:37 PM

2xer there has been some talks that Cisco products must be selling well. The reason behind that is because Broadcom is one of their biggest customers and Cisco has been buying lots of chips from them lately causing Broadcom to guide higher for Q2.

http://www.businessweek.com/ap/financialnews/D907SSUGH.htm

BTW - I work in the Tech industry, a lot of telcoms are starting to embrace Wimax as well.

EDIT - should be interesting, I am personally flat ahead of earnings/OE week, and trying to gauge if this new upleg has any legs.

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