Description:  John Chambers, chief executive officer of Cisco Systems Inc., discusses the company’s fiscal fourth-quarter profit, strategy and outlook. Profit, excluding some costs, was 40 cents a share, the San Jose, California-based company said yesterday. Analysts on average had predicted 38 cents, according to Bloomberg data. Chambers speaks with Betty Liu and Jon Erlichman on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)

Source: Bloomberg.com – video report

Date: 08/11/2011

Link: http://bloom.bg/qSKblK#ooid=V3ZmFxMjqEEwvth_SUb7RoNJVqs3C5nK

Questions for discussion:

• Summarize the opinions presented in this report.
• Do you agree with Jon Erlichman?
• Is the stock performance justified?
• Why is government spending so significant to Cisco?
• Given current deficit, how is government spending likely to change?
• What would you advise investors to do at this time?