John Chambers, a CEO of Cisco Systems, Inc. (NASDAQ: CSCO), Said is the conference call today, That the Operating Margins were Not So Weak, And that they still thinks That the growth of 12% to 17% Should Not Be the problem.
Also they talked about Uncertainty in the current Economic environment, and Said That it is Harder Than Ever for him to read the signals. Mathematical trends and the growth numbers look fine, but their customers based on the Fed and are talking about Uncertainty and the mixed environment, and That Makes him Worried.
Cisco Systems, Inc. (CSCO), is struggling in the hours on. It Fell 7.71%, and It is currently trading around $ 21.90.
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