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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: MythMan who wrote (186190)	8/6/2002 7:29:33 PM
From: MulhollandDrive	Read Replies (1) of 436258

17:38 ET Cisco Systems Provides Guidance (CSCO) 12.07 +0.71: -- Update -- On call, company expects Q1 (Oct) revenue to be "flat to up slightly - low single digits." Q4 revs were $4.83 bln while Multex consensus is for Q1 (Oct) revenue of $4.976 bln, so that translates to +3%, sounds like maybe a slight warning or in-line... "would not be surprised to see book-to-bill below one"....expect gross margin in mid-60% range... company does not provide EPS guidance... stock moves higher on guidance to 12.93. (briefing) >>Chambers interview on cnbs didn't go so well. He ducked tough questions etc..<< did not see the interview, but it just seems incredulous to believe that in the current legal environment wrt forward looking statements ANY ceo would express an outlook that was any more than neutral at best.

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