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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.40-1.4%Jan 14 3:59 PM EST

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To: Wyätt Gwyön who wrote (47420)1/29/2001 8:49:41 AM
From: GVTucker  Read Replies (1) of 77400
 
And there's more. From Bloomberg this morning:

"I have said that in economies that are growing reasonably, (Cisco) will grow 30 to 50 percent," Chambers said Sunday at the World Economic Forum in Davos, Switzerland. "In economies that slow, we will go below 30 to 50 percent. And we may go negative if it's a slowdown that's very rough, that lasts a long period of time."

Now this would seem to me to be just normal cautious statements. But there's a kicker in the next paragraph:

When asked whether Chambers' comments implied that San Jose, California-based Cisco may miss that target this fiscal year, which ends in July, spokeswoman Abby Smith said, "you could infer that."
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