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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 72.11

-0.3%

Nov 5 3:59 PM EST

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To: E_K_S who wrote (77190)	8/14/2013 9:10:48 PM
From: Raptech	of 77397

Maybe the usual downer from Chambers on the conference call. I'll donate to his retirement fund if he would go..... While we saw continued momentum in year-over-year orders in the U.S. enterprise up 9% U.S. commercial up 12% and an upturn in U.S. public sector which grew at 4% and APJC our Asia-Pacific, Japan, China operations we saw the same weakness many of our peers experienced with orders down 3%. Along with economic challenges impacting several of our Top 5 emerging markets. Last quarter I described a continued slow recovery and I haven't seen anything to suggest that this dynamic will change in the short term but this recovery is more mixed and inconsistent than the others I’ve seen.

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