The magnitude of this adjustment ... is cause for concern. It is unclear how quickly Lucent will be able to implement, and track, a more conservative set of policies.
More Quotes from Michael Ching:
We spoke to Cisco last night, and we do not think there is any change in its business. We believe the factors impacting Intel's results are largely immaterial to Cisco. Cisco has a very modest exposure of revenues to Europe.Michael Ching
The fact is that Next Level's management has no indication as to whether Qwest will actually slow down VDSL deployment. We do not believe that there will be any upside to next year's numbers from Qwest and, in fact, there may be some downside.
Michael Ching
With a new management team in place, the review process will likely lead to more conservative revenue growth, and therefore (earnings) performance, in the near term.
Michael Ching
I wasn't even informed that it was up today.
Michael Ching
Given the uncertainty on both service provider and corporate IT spending, visibility is the poorest in several years. We expect Cisco to be cautious on its near-term outlook despite indications that business in some segments has improved.
Michael Ching
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It seems unpleasantly refined to put things off till someone knows.William Empson
From the moment I picked your book up until I laid it down, I was convulsed with laughter. Someday I intend reading it.
Groucho Marx
You are talking to a man who can only play a plastic keyboard. Give me anything weighted and I've had it. I haven't got the strength in my fingers to push them down. So I don't get a lot of expression on the keyboard.
Midge Ure