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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: NOW who wrote (13653)5/11/2004 5:23:54 PM
From: russwinter  Read Replies (2) of 110194
 
So how do they paint lipstick on this pig? This is what they gunned the NASDAQ for today?

Reuters
CORRECTION - SAN FRANCISCO - RPT-Cisco forecasts 4th-quarter rev growth of 3-5 pct
Tuesday May 11, 5:19 pm ET

SAN FRANCISCO, May 11 (Reuters) - Cisco Systems Inc. (NasdaqNM:CSCO - News) on Tuesday forecast fourth-quarter revenue growth of 3 percent to 5 percent from the third-quarter level of $5.62 billion, a growth level that the company called moderate. Analysts on average were expecting fourth-quarter sales of $5.75 billion, according to Reuters Research, a unit of Reuters Group Plc.
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