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Cisco Systems (CSCO) falls further into the red on FQ4 guidance of $0.37-0.39 vs. $0.42 Street...

Cisco Systems (CSCO) falls further into the red on FQ4 guidance of $0.37-0.39 vs. $0.42 Street consensus. Sales seen flat to +2% vs. 8% Street view. CSCO recently -2.1%.
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Comments (1)
  • Michael Kurty
    , contributor
    Comments (10) | Send Message
     
    Use the next 3 to 6 months to begin adding to your positions in CSCO. Looks like the last fiscal quarter will be belt tightening time at Cisco, and results will not be showing up until FY12.
    12 May 2011, 09:38 AM Reply Like
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