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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.10+1.4%Nov 10 3:59 PM EST

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To: Techplayer who wrote (49709)3/9/2001 3:52:22 PM
From: Stock Farmer  Read Replies (1) of 77397
 
Techplayer: Does not appear business as usual.

"As a result of these workforce reductions, Cisco is anticipating a one-time charge of $300 million to $400 million by the end of the fourth quarter of fiscal 2001"

This is unprecedented.

EDIT: Also note 3000-5000 of total 44,000 RFT is somewhat larger than "the bottom 5%".

Brave face by your source, but it smells way different this time!

John.
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