Here is an update of the conference call as reported by CBS marketwatch.
Also just as an observer and to respond to your question:
> Do you think we should short Cisco?
Well read the following excerpts coming out of the Conference call and then decide!
What is always amazing is that a stock is taken down from the $80's - is taken out and shot in the most horrific manner - all in the anticipation of some bad news/slowdown, etc. And yet when the actual news comes out some start talking about shorting the stock! It is sort of like shooting someone who has already been shot at least 100 times!
5:50 pm ET [CSCO] CISCO CEO: 'THE INDUSTRY IS RAPIDLY MOVING TOWARD IP PACKET TECHNOLOGY'
5:50 pm ET [CSCO] CISCO SERVICE-PROVIDER MOMENTUM IN INTERNATIONAL MARKETS IS UNABATED
5:49 pm ET [CSCO] CISCO SAYS LARGEST SERVICE PROVIDERS ARE SPENDING MORE THAN ANTICIPATED
5:49 pm ET [TSN,IBP] TYSON FOODS EXTENDS CASH TENDER OFFER FOR IBP TO FEB. 20
5:48 pm ET [CSCO] CISCO ALTERNATIVE SERVICE PROVIDERS DOWN APPROX. 40% IN Q2
5:48 pm ET [CSCO] CISCO SAYS GNP GROWTH RATE FROM ALMOST 8% IN Q4 1999 TO 'VERY SLOW RATE' NOW
5:47 pm ET [CSCO] CISCO CEO: U.S. ECONOMY IS SLOWING FASTER THAN ANYONE ANTICIPATED.
5:47 pm ET [CSCO] CISCO SAYS CAP SPENDING WILL CONTINUE TO INCREASE IN US.
5:39 pm ET [CSCO] CISCO PLEASED, SURPRISED BY MOMENTUM IN JAPAN
5:39 pm ET [CSCO] CISCO SAYS YOY SALES MORE THAN 100% IN JAPAN
5:38 pm ET [CSCO] CISCO SALES IN EMEA REGION, IN SPITE OF CAPTIAL CHALLENGES, WAS BETTER THAN EXPECTED
5:38 pm ET [CSCO] CISCO SERVICE PROVIDER SALES EVEN SLOWER THAN Q1 IN Q2
5:38 pm ET [CSCO] CISCO HAS SLOWER ROLLOUT OF NEW SERVICE PROVIDER SERVICES
5:37 pm ET [CSCO] CISCO BOOKING 2000 IP PHONES PER BUSINESS DAY
5:36 pm ET [CSCO] CISCO SAYS POSITION IN U.S. ENTERPRISE MARKET CONTINUES TO STRENGTHEN
5:36 pm ET [CSCO] CISCO MOMENTUM REFLECTED IN CORE PRODUCT MARKET FAMILIES, CEO SAYS
5:31 pm ET [CSCO] CISCO OPTIMISTIC ABOUT BUSINESS IN CHINA, INDIA
5:28 pm ET [CSCO] CISCO WORKING WITH COMPONENT SUPPLIERS TO BALANCE INVENTORY
5:28 pm ET [CSCO] CISCO EMPLOYEES TO 43,061, UP 4,207 EMPLOYEES FROM Q1
5:26 pm ET [CSCO] CISCO'S CASH, SHORT-TERM EQUIVALENTS $1.6 BILLION DECREASE TO $18 BILLION
5:26 pm ET [CSCO] CISCO'S DSO TO 47 DAYS FROM 40 DAYS
5:25 pm ET [CCL] CARNIVAL SAYS LARRY PIMENTEL, PRES., CEO OF CUNARD LIME RESIGNING
5:25 pm ET [CSCO] CISCO INCREASE IN SALES AND MARKETING EXPENSE DUE IN PART TO HEAD COUNT GROWTH
5:24 pm ET [CSCO] CISCO SWITCHES SALES WERE 42% OF REVENUE VS. 43% YEAR AGO
5:23 pm ET [CSCO] CISCO Q2 ROUTERS 35% OF SALES VS. 33% YEAR AGO
5:22 pm ET [CSCO] CISCO'S ORDER SOFTNESS IN DECEMBER CONTINUED THROUGH JANUARY
5:22 pm ET [CSCO] CISCO CONTINUES TO GAIN MARKET SHARE, CHAMBERS SAYS
5:21 pm ET [CSCO] CISCO'S BOOK-TO-BILL RATIO WAS GREATER THAN 1.
5:21 pm ET [CSCO] CISCO'S NOVEMBER BOOKINGS WERE AHEAD OF EXPECTATIONS |
