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To: JDN who wrote (12545)4/1/2001 11:03:35 AM
From: Bill Fischofer  Respond to of 17183
 
OT: Chambers

I have the greatest respect for John Chambers. He's gone out of his way to telegraph CSCO's problems since November. CSCO, like so many other tech leaders, were priced for perfection last year. Perfection turned out to be a wee bit optimistic. In typical Wall Street fashion, however, the psychology has shifted to "that which is not perfect must be worthless". The silliness of both extremes will be evident in perspective.



To: JDN who wrote (12545)4/1/2001 1:26:19 PM
From: hdl  Respond to of 17183
 
SI has been working on earnings estimates for awhile. the system has been down - coinciding with period of lack of visibility.