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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 3:59 PM EST

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To: Stoctrash who wrote (47899)2/5/2001 9:56:16 AM
From: The Phoenix  Read Replies (1) of 77400
 
FredE,

You're suggesting that a company CEO can not alter his position on company earnings given changes in market condition? I think Chambers said things were intact and then a couple of months later suggested it was "more challenging" than he had anticipated. I'm not sure that's a 180 but it is acknowledgement that the economic conditions were more difficult than he had first thought. You're suggesting that Chambers should have better vision than say.... Greenspan - who didn't take any action in December? you're suggesting that he was dishonest?

I think you should spend some more time understanding what it takes to run a company the size of Cisco that is exposed to so many theaters and customers. You're comments are over the line.

OG
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