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March 17, 2008

Relief in Sight?

Speaking of Cisco, on Tuesday John Chambers said "I'm more comfortable with 12 percent to 17 percent long- term growth than I was a month or two ago." You might remember that in February he scared the heck out of the market by saying that recent Cisco sales had only grown 10% instead of the higher rate that they had been expecting. Thanks, we can breathe a sigh of relief -- at least till next month.

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