Cisco Tries Reinvention in Tough Time

Published on May 13, 2013
by Drew FitzGerald

Cisco Systems Inc. shares tumbled this time last year after executives warned their biggest corporate customers were ordering less equipment. If history repeats itself this week, the networking giant will join a dreary but growing club.

A wide range of companies — from Cisco rival Juniper Networks Inc. to tech juggernaut International Business Machines Corp. — have caught investors off guard in recent weeks as corporate belt-tightening saps their growth.

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