The clear message from Intel to Wall Street is 'Let's not get carried away.'
More Quotes from Sunil Reddy:
Third and fourth tier companies that bounced sharply last year are having a tough time, ... But IBM and EMC did fine. SAP did fine.Sunil Reddy
I think Cisco's body language is going to be positive. In general, IT spending is expected to get better, ... I like where the economy is headed and that's going to benefit tech companies like Cisco.
Sunil Reddy
Earnings were extremely robust. The bottom line is that people who doubted that the earnings acceleration would continue have been proven wrong.
Sunil Reddy
The profit margins in the analog area hold up much better than some chip companies that are more cyclical,
Sunil Reddy
Overall I'd categorize the number as generally in line. The guidance was slightly off, but it's nothing to get too alarmed or too excited about.
Sunil Reddy
Companies are cautious and are slowly increasing information technology investments. It's not going gangbusters, just steady.
Sunil Reddy
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