Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
So what: Weak forecasts from Cisco
Now what: Finisar is certainly on the right track, and the guidance increase is always a welcome site for investors. I'm buying today's move despite some weakness in the sector as a whole. I think Finisar can buck the trend.
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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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