This is a marginal disappointment. Revenues were slightly shy.
More Quotes from Erik Suppiger:
I would expect when the new features come out, it will generate an acceleration in the company's growth. And while the product transition is a least a quarter out before it gets meaningful, I still think it's a good buy at this level.Erik Suppiger
In light of the fact that they basically were at the low end of their guided range and they missed the consensus revenue number, yes I think there's a slight disappointment in the revenues.
Erik Suppiger
Cisco certainly outdid the whisper numbers, so to speak. It is pretty apparent that estimates will be getting raised going forward.
Erik Suppiger
North America was stronger than I was anticipating in terms of bookings growth. While the reported results were in line to slightly better than expected, they certainly point to improving order activity and some encouraging signs on that front.
Erik Suppiger
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It is of no help to us that there is an absolute truth of the matter of things because unfortunately, none of us are in a position to say definitively what that is - although we all think that we are.
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