Chambers, aware that Wall Street looks to Cisco for signs of economic improvement, likes to measure his words carefully, and also cautioned yesterday that it was too early to get excited about a sustainable recovery.
Despite that caution, Cisco stock closed up over 3.3% to $20.24 after Chambers’ comments, which were made during his presentation at the SG Cowen Fall Technology Conference in Boston yesterday.
Source: Computerwire
