Cisco Systems (CSCO) 13 5/8 -1 5/16: -- Update -- With so many in the telecom/networking world already having fallen (EXTR, FDRY, BRCD, TLAB, RBAK, NT), traders scanning the list of cos that have not warned.
Much speculation that Cisco will be next, with many seeing the possibility of a Monday warning and some talking about a 30% sequential revenue decline for Cisco; current consensus calls for 15% decline. Note, however, that Cisco's quarter ends April, not March, so a warning might await further info on the qtr. |