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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.13-0.1%12:18 PM EST
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To: RetiredNow who wrote (52951)5/13/2001 1:32:29 PM
From: MHA  Read Replies (3) of 77400
 
Mindmeld -- the problem is with Cisco's mgmt. They did NOT
see the slow down coming well in time hence had to write
off 2.5 BILLION $'s. John Chamber and his team simply goofed
on this. Do you think Wall Street should reward them for
this ?

Cisco is NOT the same Cisco as it used to be ...

PS: I did not see any senior VP's head been rolled off
in the layoffs. I think they will have to do another round
of layoffs with focus on those useless directors/VP's.
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