Cisco's Turnaround |
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Background Note
The Crisis and the TurnaroundCisco's problems began when the company narrowly missed Wall Street's earnings expectations in the quarter that ended January 30, 2001 -- its first miss in 11 years. But Chambers remained optimistic about future growth... Future OutlookChambers believed Cisco would boost its share of the $64 billion telecom market from 3% in late 2003 to at least 15%, though he did not specify a time frame. But some analysts felt that the going might get tougher as the economy rebounded... Exhibits
Exhibit I: Cisco-Financial Highlights |
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