Aug. 10, 2004, 10:49PM
Cisco chief not so sure of economy
By MATT RICHTEL
New York Times
SAN FRANCISCO - Cisco Systems, the maker of Internet networking equipment, posted solid quarterly earnings Tuesday that were squarely in line with Wall Street expectations.
But John Chambers, the company's chief executive, suggested economic conditions remain jittery, even more so than they were three months ago.
Chambers, whose sales efforts put him in contact with the country's most powerful executives, said he was hearing less optimism than he had three months earlier.
While not necessarily expecting the economy to sour, customers have reverted to expressing a more cautious outlook, he said....cont'd
http://www.chron.com/cs/CDA/ssistory.mpl/business/2729481