Tuesday, March 4, 2008

About Time

Well, this comes in today an hour before the closing bell. Thank you. I've been talking up CSCO for two months now hoping it will get back to 30. Hopefully it won't be more than two quarters.

NEW YORK, March 4 (Reuters) - Cisco Systems Inc (CSCO.O: Quote, Profile, Research) Chief Executive John Chambers said on Tuesday that the network equipment maker will hit some "bumps" in the U.S. economy, but such bumps would likely be short-lived.
Chambers told a Morgan Stanley conference that it was hard to say whether such weakness would last two to three quarters, or four to five.
He also said his outlook has not changed since the company's last conference call. (Reporting by Ritsuko Ando, editing by Gerald E. McCormick)

CZ

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