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Strategies & Market Trends : The Amateur Traders Corner

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To: Mr.Manners who wrote (18100)1/8/2002 5:13:40 PM
From: Tom Hua  Read Replies (4) of 19633
 
16:36 ET Cisco Systems (CSCO) 20.95 +0.42: -- Update -- Chambers did suggest that CEO
optimism about an economic recovery has grown since Sept. 11 but stresses that general visibility
remains limited; in case of CSCO, visibility limited to a couple of months out, but thinks most of its
customers have run rates about where they want them now... overall, no one knows for sure
whether economic recovery is one qtr. away or four qtrs. away; accordingly, Chambers is planning
conservatively and reacting appropriately... presentation just concluded... CSCO -0.26 at 20.69
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