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Rush21120
Rush21120
12/5/2012 | 4:56:27 PM
re: Cisco Says It's Ready to Fight


Cisco has been in this position with Chambers many times and massive layoffs twice.  Remember the rule shame on you first and shame on me twice.   Beating analyst numbers is an easy trick for Cisco, generally there is plenty of orders in the queue that can be pulled in and with mfg lines down there's nothing stopping Cisco from shipping before qtr/fyc end.  I've seen it many times where Cisco stopped shipping 3-4 wks out from the close.  Of course that means you have to have bookings, which Cisco still appears to have.  My guess is Q1FY12 will be bad for Cisco given the recudtion in force and the appearance they flushed inventory for Q4FY11.  

BigBro
BigBro
12/5/2012 | 4:56:29 PM
re: Cisco Says It's Ready to Fight


IMO, this wasn't the interesting quarter. Everyone, including the sales people, was working under the spectre of the layoffs, so they did their darndest to pull in whatever sales they could to avoid the axe...


Next quarter (Q1 FY2012) should be interesting.


As is so often the case, timing is everything. Is it too early to buy November puts? ;)

sam masud
sam masud
12/5/2012 | 4:56:30 PM
re: Cisco Says It's Ready to Fight


Just a lot of words from Cisco--it's taken a few haircuts before but it didn't do the company much good. Ten years ago the telecom industry took a big hit when the air came out of the dot com bubble. Now we seem to be going into tougher economic times globally across major economies. I don't see Cisco's position improving in the near term, given the marco climate.

^Eagle^
^Eagle^
12/5/2012 | 4:56:31 PM
re: Cisco Says It's Ready to Fight


Better off staying in accounting and getting your CPA.  Easier to find a job, easier to keep a job, and probably easier to penetrate Cisco as a potential employer


Unless you are a real genius wiz bang programmer who can write high end router code.  But I am guessing that is not the case or you would not have gotten an accounting degree.


Note: pay is also a bit better for accountants than for entry or even mid level IT staff.


Get your CPA, and if you want to go up food chain, get your MBA.


sailboat

richariler
richariler
12/5/2012 | 4:56:32 PM
re: Cisco Says It's Ready to Fight


ust a thought as to if i come out of Uni with an Accountants degree and want to switch to the IT field what qualification would i need to get a job in CISCO networking and where would i get it and how much would it cost.


Vistaprint Coupons


scottdTBR
scottdTBR
12/5/2012 | 4:56:33 PM
re: Cisco Says It's Ready to Fight


Hi Craig,


I agree with you - I wonder if we would have seen this kind of chest thumping if Juniper and Brocade's results had been better. It's hard now for me to imagine Cisco ever approaching the 15%-20% growth range again, even in a growing economy.


Scott

Pete Baldwin
Pete Baldwin
12/5/2012 | 4:56:33 PM
re: Cisco Says It's Ready to Fight


Lot of bravado there. It's like Cisco is back to normal in personality, even with layoffs and cost-cutting still going on...


Given the earlier Cisco discussions on these boards, I'm guessing our readers aren't buying it.  :)  Not sure I am either. I think Cisco simply saw a chance to pounce (verbally).



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