Yes, and their stock price dipped today after the news release actually hit. So remember people, buy on rumor, sell on news. Brian On Mar 9, 2010, at 3:41 PM, Express Web Systems wrote:
Wow what?
Is there anything in the CRS-3 that competitors are not shipping _today_?
If you look at some startups, they are doing 4-5 times as many Gbps per slot, and pre-release equipment is in use in some networks already.
The only "wow" here is "wow, why did cisco hype how far behind they are?"
It's called doing the "wall street dance". Their stock price jumped 3% yesterday in anticipation of the "big" announcement. Hype is hype, and people still remember the magic of the dotcom bubble. "ZOMG! They increased the size of the tubez! BUY! BUY!"
[full disclosure: I own stock in Cisco]
Tom Walsh Express Web Systems, Inc.