LG G1 OLED TV review SpaceX to send Artemis astronauts to moon Game of Thrones at 10 DogeCoin's rise Apple's April 20 iPad event Child tax credit's monthly check

Christmas comes early for networkers

A little holiday spirit helps networking stocks soar, as Cisco shares hit a new 52-week high following a favorable analyst report. Cabletron Systems, however, found a lump of coal in its third-quarter stocking.

A little holiday spirit helped networking stocks soar today, as shares in bellwether Cisco Systems hit a new 52-week high following a favorable analyst report. Cabletron Systems, however, got coal in its stocking for the third quarter, reporting a loss greater than previous estimates.

Networkers get dose of holiday cheer
Shares in Cisco, 3Com, and others climb, spurred on by bullish industry expectations and a dose of overall good cheer on Wall Street

Cabletron Systems fails to meet the Street
The network equipment provider caps a tumultuous year by posting earnings for its most recent quarter under revised estimates.

Cisco shines after Wall Street report
update Shares in the network equipment maker rise as much as 6 percent to a record amid expectations that increased use of the Internet will mean higher sales and profit.

Motorola to buy Lucent's cellular unit
update Lucent Technologies, the world's largest phone-equipment maker, said it sold its cellular phone research division, which it had planned to close, to Motorola for an undisclosed amount.

Networking-cable marriage in works?
update | news analysis Why would a networking company that counts on huge revenue streams from its sophisticated technology for phone services and the Internet be interested in a box that allows users to order the latest movie hits?