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Cisco (CSCO) has staged an impressive turnaround since unveiling a restructuring plan in July,...

Cisco (CSCO) has staged an impressive turnaround since unveiling a restructuring plan in July, stabilizing margins and winning back share with the help of new product launches. But the Street is on edge over whether today's FQ2 report will show the ill effects of weak U.S. carrier capex and choppy enterprise IT spending. Stifel, like other sell-side firms, claims its checks indicate Cisco's switch and router sales are strong.
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