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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST

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To: RetiredNow who wrote (57129)2/6/2002 11:04:51 PM
From: Uncle Frank  Read Replies (1) of 77399
 
>> booked orders are orders in the bag for the next quarter. So the next quarter is almost already in the bag. That is very bullish.

That's one way of looking at it, mm, but it's not so positive if you view it with respect to backlog. If an enterprise ships more in a period than it books, it enters the next period with a smaller backlog. That is not bullish.

uf
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