Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

-0.3%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kvkkc1 who wrote (52792)	5/10/2001 10:18:46 AM
From: RetiredNow	Read Replies (2) of 77400

Yeah, but he was correct in saying that Dell is also smart enough not to get into too many long term component contracts when their are shortages. Basicly, John Chambers screwed up here. He made a big bet that the demand would be there and he bought the inventory so he wouldn't lose out on sales, like he had been in the past due to shortages. The demand disappeared and Cisco got clobbered. It was a calculated risk that didn't pay off. That doesn't mean Chambers should get the axe, it just means he's learned a big lesson and we paid for it. But now I feel more strongly than ever that Cisco is positioned for the future, because Cisco has never experienced a downturn before, but now they know how to approach one - with caution and conservatism.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next