The most worrisome thing John Chambers said in last night's Cisco (CSCO -13.6%) conference call: "From [a] public sector perspective... we believe that you're going to continue to see a rapid decrease in discretionary spending including IT in a majority of [developed world] governments." Austerity, anyone?
The most worrisome thing John Chambers said in last night's Cisco (CSCO -13.6%) conference call:...
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| Symbol | Last Price | % Chg |
|---|---|---|
| CSCO | - | - |
| Cisco Systems, Inc. | ||