Cisco’s Optimism Falls on Wall Street’s Deaf Ears
by Kevin Kelleher on Feb.15, 2011, under Towing
Cisco’s latest earnings topped analysts’ estimates, but profit margins disappointed investors, and the stock plunged 15%. CEO John Chambers insists it’s only temporary and that better days are coming. So far, though, nobody is buying that line.
Continue reading Cisco’s Optimism Falls on Wall Street’s Deaf Ears
Cisco’s Optimism Falls on Wall Street’s Deaf Ears originally appeared on DailyFinance on Tue, 15 Feb 2011 07:30:00.
Filed Under: Technology, Earnings, Hewlett-Packard, Cisco Systems, Investment
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