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Optical/IP

October Cheer

1:45 PM -- Cisco Systems Inc. (Nasdaq: CSCO) is expecting long-term year-over-year growth of 12 percent to 17 percent.

In the short term, Cisco tells us growth is going to be more like 8 percent. (See Cisco: Economic Troubles Aren't Over.)

Yesterday, analyst Mark Sue of RBC Capital Markets lowered his forecast to 6 percent for the quarter that ends in January.

The October cheer just continues to spread.

— Craig Matsumoto, West Coast Editor, Light Reading

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