Hugh Johnson Quotes
The reason for the (technology) decline is the combination of the Cisco earnings and the comments from CEO John Chambers... He basically said what Intel said recently: that customers are getting very cautious and that spending on technology is slowing.
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Reason | Technology | Decline | Combination | Cisco |
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It's encouraging, but let's not forget that the focus is on the third quarter and beyond, and that looks a little gloomier.
- Hugh Johnson
