Investor PM: Techs feel Cisco's disappointment

News that Cisco Systems' heady growth may be over weighed heavily on technology stocks Wednesday. The Nasdaq fell 42.95 points to 2,155.82 at market close.

The Dow Jones industrial average was off 7.15 points to 10,866.46 for the day.

Cisco, the most actively traded stock Wednesday, fell $1.25 to $19.13. Tuesday evening, the network-equipment giant provided the grisly details behind its astonishing $2.25 billion inventory write-off in the third quarter. It essentially admitted that it, too, was caught up in the Internet hype that, at its peak, gave the company the highest market capitalization in Wall Street history. Full story. --Tiffany Kary, ZD Inter@ctive Investor