SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Teri Garner who wrote (16388)4/16/2001 4:19:15 PM
From: Softechie  Respond to of 37746
 
Cisco Systems (CSCO) 17.22 -0.26: -- Update -- Cisco also taking massive charges; $2.5 bln inventory writedown; $300-400 mln related to 8,500 layoffs; $300-500 mln excess facilities; $200-300 mln asset impairment. Cisco also notes that weakness is now being seen in Asia and Europe, as well as the US.