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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeff who started this subject11/6/2002 5:31:35 PM
From: exp   of 30712
 
17:26 CSCO gives fiscal Q2 guidance below consensus (12.96 +0.27) -- Update --
On call, says its own visibility has tightened, and hence, it is being conservative with its guidance... for fiscal Q2 (Mar), it is projecting revenue to be sequentially flat to down 3-4%, which implies revenues in range of $4.61-4.80 bln; Multex consensus is $4.92 bln... gross margin projected in 66-68% range; opex to be down slightly from fiscal Q1... CSCO +0.33 at 13.29
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