Shares of Cisco Systems are up 44 cents, or 1%, to $42.65, after MarketWatch 's Jeremy Owens late yesterday reported that Cisco and Amazon.com have refuted speculation that Amazon is going to enter the networking-switch market in competition with Cisco. You'll recall that Cisco shares took a sharp dive on Friday after TheInformation reported that Amazon was preparing to enter the networking market with products that would sharply undercut the offerings of Cisco and competitors Arista Networks and Juniper Networks .
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