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Technology Stocks : Wind River going up, up, up!
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To: lkj who wrote (9463)4/16/2001 9:06:20 PM
From: lkj  Read Replies (2) of 10309
 
Cisco warned big time. 30% decline in Q-to-Q sales. It's also taking a $2.5 billion inventory charge. Cisco, Nortel, and Lucent are three of the largest customers of WRS. John Chambers is calling this the 100 year flood. Cisco is not just cutting sale/marketing people. It is also cutting R&D budgets and engineers. I don't see how WRS can avoid this flood. How much is left in the cookie jar?

Khan
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