Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (74667)	11/26/2007 7:01:06 PM
From: Eric	Respond to of 77400

November 26, 2007, 5:59 pm Cisco Shares Slide On Worries Over Slowing Revenue Growth In Emerging Markets Posted by Eric Savitz Cisco Systems (CSCO) shares came under pressure today from concerns about slowing revenue growth in emerging markets. Morgan Stanley analyst John Marchetti today noted that in the company’s October quarter, Cisco reported 19% year-over-year growth in emerging markets revenue, “a significant deceleration” from 35% growth in the August quarter and 36% growth in the year-earlier quarter. Marchetti maintained his Overweight rating and $38 price target on the stock, but wrote that he will “closely monitor this critical part of Cisco’s growth story for signs of a rebound or further deterioration.” Cowen’s John Anthony followed up on Marchetti’s note, asserting that service provider spending is likely to contract on a global basis in 2008. He notes, for instance that Cisco customer American Movil (AMX), the leading Latin American wireless operator, and the fourth largest in the world, expects flat capital spending in 2008. Anthony maintains a Neutral rating on the stock. Cisco today fell $1.19, or 4.2%, to $27.50.