Cisco is selling well in Japan

Surprisingly strong sales in Japan helped Cisco overcome weakness in the U.S. and Europe. CEO John Chambers said on the company's conference call that he thinks the U.S. downturn will be short-lived.

The crowd speaking about "U.S. downturn will be short-lived" is growing. Is the U.S. economy strong enough to handle the sub-prime and banking crisis? Time will show.
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