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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.08

+0.1%

Nov 7 3:59 PM EST

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To: RetiredNow who wrote (57020)	2/4/2002 1:14:16 AM
From: Stock Farmer	Read Replies (1) of 77397

My guess is that margins are down primarily because of inventory liquidation Nice guess. But here's what Cisco's management guessed: The decrease in the gross margin was primarily due to a continued shift in revenue mix toward our lower-margin products and pricing pressure seen from competitors in certain product areas Apparently more attention to drama and less to detail? Or just "All hat and no cattle". Same thing in the end

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