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back to article US banks stay away from Cisco in Q1

Cisco System profit rose 37 per cent in its first quarter '08, with growth in the networking equipment maker's international segments offsetting a "lumpy" US enterprise market. On conference call today CEO John Chambers attributed the lumpiness US enterprise spending to a "dramatic" fall in orders from US banks in the quarter. …

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  1. gabor

    awesome

    so, if company's profit is up by a third, sales up by 16%, outlook is pretty good, then price will go down. gotta remember that. what a screwed up world this is.

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  2. Jason
    Black Helicopters

    Where...

    Where have el reg found a time machine thats let's them see the profit of companies in the first Q of '08? You must share this technology!!

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