Ura - John Chambers was on the air with CNBC prior to the conference call.
When he was asked about what he was hearing from customers he said customers expect a slow start in the year and will slowly accelerate during the year. Government speed bumps could interrupt that plan if Europe or the US does something to have them reassess. Chambers was not specific on what customers though................. - Profit
Yup. That is what was stated during the call and the guidance btwn .48-.50 did not impress the analysts. Especially when the CEO stated to maintain a conservative view for this coming quarter. Not much of a punch for GigOptix in the way Cisco delivered guidance.