Through The Fly's Eyes: Netgear
from Eric Buscemi of Theflyonthewall.com
Today's Weakness Attributed to Apple TV
Netgear (NTGR) is weak today on no company specific news that we see. The "buzz" is that shares of Netgear are weak after Apple (AAPL) said on its Apple.com website that the Apple TV is its best selling product even though its not out yet, which if one were to speculate could mean that pre-orders are strong.
Netgear is expected to compete with Apple's iTV with their recently announced EVA8000 Digital Entertainer HD set-top box.