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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (40550)	8/24/2001 8:46:22 AM
From: Dealer	Read Replies (1) of 65232

From IBD--Cisco To Revamp Lines, Sees Signs Of Stabilizing Cisco Systems Inc. (CSCO), the No. 1 computer-networking gear maker, said it will switch to a more centralized engineering and marketing organization. It’s reorganizing products into 11 units and eliminating its telecom unit. Senior Vice President Kevin Kennedy, who oversaw sales to telecom carriers, resigned. Mario Mazzola, named chief development officer, will oversee the 11 units. CEO John Chambers said Cisco’s sales “stabilized” from the rapid declines of winter and spring. Sales will be flat to down 5% in the first quarter, he said. Will this be what it takes to rally....?? :-( dealie (pondering)

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