Cisco Shares Drop Drastically

According to Market Watch, Cisco Systems Inc. said Wednesday that earnings for the second fiscal quarter fell 27% as sales declined and expenses increased, though the final result was slightly better than Wall Street expected.
However, the network equipment giant saw its shares drop more than 3% in after-hours trading after it issued a disappointing sales forecast for the current period.

CSCO, , ) results highlighted what many analysts already feared was a dramatically weakening tech market that is starting to hurt even the giants of the industry.
"Yuck, it's bad out there," said analyst Samuel Wilson of JMP Securities, noting that January was "ugly," which appears to be "in-line with the macroeconomic picture."

Cisco reported a fiscal second-quarter net income of $1.5 billion, or 26 cents a share, compared with $2.1 billion, or 33 cents a share, for the year-earlier period.
Revenue was $9.1 billion, down from $9.8 billion for the same quarter last year. Adjusted income was 32 cents a share. Analysts had expected the company to report earnings of 30 cents a share on revenue of $9 billion, according to a consensus survey by Thomson Reuters.

Sarah Palin and the SARAHPAC

According to The Fix the PAC has a website and a post office box in Arlington, Virginia but has not yet formally filed its incorporation papers with the Federal Election Commission. According to an official with Sarahpac, papers were filed last night around 5 pm with the FEC and the PAC should be official by later today.

Sarahpac is "dedicated to building America's future, supporting fresh ideas and candidates who share our vision for reform and innovation," according to a statement on the PAC's website. The PAC's mission statement also highlights the importance of energy independence to the future of the Republican Party and the country at-large, a signal that Palin's likely 2012 bid will have energy policy at its foundation.

Sarah Palin as my president I don't think so I'd rather have Hillary any day but I don't claim any party I just know what works best for my minimum wage dollar. Palin seems like the Nixon time of president if she ever gets close that is. She would probably have earmarks out of this word and it wouldn't be illegal if she does it either.
I think she would spend too much time shooting rifles and plotting to get people she didn't like taken out to the shelf ice. More power to a woman trying to reach for the stars but just like with the Barack Obama an Jessie Jackson, black people waited for the right one not the first one!