A Market of Quick Reversals

These battles, these skirmishes, are amazing. They are playing out so quickly. Take Cisco Systems (CSCO). We had multiple comments in the last few weeks that Cisco was going to miss the quarter. We heard that it would talk about weak revenue. We heard that it was going to be a time of reduced guidance. We even had a hideous "Performance Slows With Age at Cisco" story in the Ahead of the Tape piece by Spencer Jakab.

Then we had one of the best quarters and best outlooks that Cisco CEO John Chambers has given us in years. Let me tell you that if I had made any of these comments, I would have to lead tomorrow night's show with an apology. You will hear nothing from these analysts, nothing at all. And Spencer Jakab? On to the next....333 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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