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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.39+1.3%3:59 PM EST

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To: Wyätt Gwyön who wrote (52622)5/9/2001 4:21:45 AM
From: elmatador  Read Replies (1) of 77400
 
By saying that: he remained "optimistic" that Cisco's long-term growth could return to the 30 percent to 50 percent range, even as the industry Cisco serves consolidates.) Chambers sealed his future.

How comes he can be so overly optimist when his Chief Strategy Officer Mike Volpi stated that "visibility is still very cloudy". Had he stepped back a little and had not mentioned these 30%-50% figures he would have a way out. But now those numbers are going to come back to haunt him in a few quarters.

I don't think CSCO will have the same CEO by end of this year.
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