John Chambers was enthusiastic about an economic recovery on Cisco Systems' (CSCO) Q3 earnings...

|About: Cisco Systems, Inc. (CSCO)|By:, SA News Editor

John Chambers was enthusiastic about an economic recovery on Cisco Systems' (CSCO) Q3 earnings call yesterday: "Based upon our business momentum... this would indicate that the recovery from an initial phase perspective is well underway..." And: "We are seeing very tangible results that the recovery, at least the initial phase of the recovery, is gaining momentum."