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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (5834)4/16/2001 4:09:51 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
Cisco Systems (CSCO) 17.22 -0.26: -- Update -- Cisco warns for its Apr qtr; sees revenues falling 30% from Jan qtr level of $6.7 bln, or roughly $4.7 bln. Current consensus is $5.6 bln.

Cisco Systems (CSCO) 17.22 -0.76: -- Update -- Earnings for Q3 (Apr) will be in "very low, single digit range" vs current consensus of $0.08; company cites "continued global economic challenges, the slowdown in the global telecom market, and the deceleration in corporate IT spending." CEO Chambers says "this may be the fastest any industry our size has ever decelerated."