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Technology Stocks : Semi Equipment Analysis
SOXX 304.92-0.1%Dec 30 4:00 PM EST

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To: Donald Wennerstrom who wrote (17883)8/10/2004 5:41:14 PM
From: michael97123  Read Replies (2) of 95652
 
EDIT How bad do you think this is for tech, our stocks, etc? We are talking 14 million dollars based on a gain from this stellar quarter which was above expectations.
SAN FRANCISCO, Aug 10 (Reuters) - Cisco Systems Inc. (NasdaqNM:CSCO - News) Chief Executive John Chambers said on Tuesday that he expects revenue in the network equipment maker's current, first fiscal quarter to be flat to up 2 percent from the prior period.
Chambers issued the revenue forecast on a conference call to discuss fiscal fourth-quarter results.

Chambers' forecast implies revenue of as much as $6.044 billion for the first quarter. Analysts polled by Reuters Estimates had expected Cisco to have revenue in the quarter ending in October of $6.058 billion.
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