Zeev's Turnips Patch-No Politics (ZEEV)

[Sherlock356]

Interesting that Storage is one of CSCO's only HOT growth sectors....more anecdotal evidence for the sector.

"While Cisco's core business may be sliding a little, the company's surge into storage is going well, company CEO John Chambers said on a confrerence call today. He singled out
Storage Area Networking, along with wireless LANs and IP Telephony as the most promising new advanced technology segments for the company. In the third quarter, he said, Cisco brought in nearly $10 million in storage revenues. The company expects to double that number sequentially each quarter for the next couple of quarters."

from Byte and Switch