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Don't Expect Good News from Cisco | |
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||
| Time: 02:46 EST/07:46 GMT | News Source: Reuters | Posted By: Jared Evans | ||
|
Cisco Systems Inc., long-suffering bellwether beset by weak corporate spending on computer networks, will likely tell investors the same old story next week: things aren't getting better any time soon. "Cisco's been in a holding pattern for a better part of the year," said Sanford C. Bernstein analyst Paul Sagawa, who expects Cisco CSCO.O to forecast to flat-to-down sales for the third quarter ending in April. "It's been at $4.8 billion in quarterly revenues for quite a while." | ||
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