Cisco shares drop on weak revenue forecast

February 2008
Red Herring;2/6/2008, p4
Trade Publication
The article reports on a weaker-than-expected revenue growth forecast announced by Cisco Systems. According to the company, its U.S. and European customers were being increasingly cautious, sending its shares down 7 percent on February 4, 2009. The technology bellwether, which makes network equipment for phone companies and other businesses, also said it would not provide a view for fiscal 2008 due to uncertainty.


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