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Strategies & Market Trends : Galapagos Islands

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To: Challo Jeregy who wrote (25072)2/4/2003 8:03:49 PM
From: Jorj X Mckie  Read Replies (1) of 57110
 
He said that he was guiding flat to slightly down. I find that it is interesting that their book to bill going into the next Q is below 1.0 and that they still beat earnings.

from briefing.com

17:27 ET CSCO Cisco Systems clarifies Q3 book-to-bill guidance (13.20 -0.28) -- Update --
On call, clarifies in Q&A that book-to-bill guidance for Q3 of slightly less than 1.0 pertains to product book-to-bill only




17:19 ET CSCO Cisco Systems comments on Q3 book-to-bill (13.20 -0.28) -- Update --
On call, says it wouldn't be surprised if Q3 (Apr) book-to-bill is slightly below 1.0... CSCO -0.16 at 13.04




17:15 ET CSCO Cisco Systems cautious on external perspective for Q3 (13.20 -0.28) -- Update --
On call, CEO said he is more optimistic heading into Q3 than he was heading into Q2 with respect to issues CSCO can influence and control; however, he is more cautious heading into Q3 versus heading into Q2 regarding the external perspective as customers' visibility continues to contract


17:11 ET CSCO Cisco Systems guides Q3 revenue below consensus (13.20 -0.28) -- Update --
On call, says it expects Q3 (Apr) revenues to be flat to down slightly (i.e. 2-3%) from Q2... Current Multex consensus revenue estimate for Q3 stands at $4.75 bln (CSCO had revs. of $4.71 bln in Q2)... expects Q3 gross margins at 68-70%... CSCO -0.16 at 13.04

16:59 ET CSCO Cisco Systems says CEOs more conservative (13.20 -0.28) -- Update --
On call, says it is seeing even more conservative attitudes from CEOs than a quarter ago... CSCO -0.42 at 12.78

16:38 ET CSCO Cisco Systems says book-to-bill still below 1.0 in fiscal Q2 (13.20 -0.28) -- Update --

16:12 ET CSCO Cisco Systems reports $0.15 per share two cents ahead (13.20 -0.28)
Reports Q2 (Jan) earnings of $0.15 per share, $0.02 better than the Multex consensus of $0.13; revenues fell 2.1% year/year to $4.71 bln vs the $4.73 bln consensus.
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