Citi analyst Jim Suva believes Cisco Systems' (CSCO) results last night are negative to the electronics manufacturing services companies, namely Sanmina (SANM), Flex (FLEX) and Jabil (JBL). Communication equipment end demand is an incremental negative for supply chain companies, Suva tells investors in a research note. He says Cisco's guidance came in below consensus "as the company seeing broad base demand weakness."
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here