Wednesday, November 10, 2010

Cisco's dismal earnings forecast..

Really bad news today.. about Cisco's forecast. I hope it is temporary and localized to Cisco. I hope it is not indicator of next slowdown or what is called second dip..

This time Europe and Public Sector is to blame. I thought Public Sector especially US was growing really fast with growth in the size of government. I am really surprised to hear contrary report on this sector. What will happen if Tea Party Candidate becomes President.. If things are so bad for Cisco now, what will happen if Tea Party Candidate becomes president ;-) They are suppose to cut size of government. isn't it??

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