{"id":7439,"date":"2008-11-25T12:30:24","date_gmt":"2008-11-25T12:30:24","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/cisco_4-day_shut_down_spooks_market.html"},"modified":"2008-11-25T12:30:24","modified_gmt":"2008-11-25T12:30:24","slug":"cisco-4-day-shut-down-spooks-market","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/technology\/cisco-4-day-shut-down-spooks-market.html","title":{"rendered":"Cisco 4-Day Shut Down Spooks Market"},"content":{"rendered":"<p><span class=\"mt-enclosure mt-enclosure-image\" style=\"display: inline;\"><img loading=\"lazy\" decoding=\"async\" height=\"163\" width=\"548\" alt=\"cisco-shares-fall.jpg\" src=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/uploads\/cisco-shares-fall.jpg\" class=\"mt-image-none\" style=\"\" \/><\/span><\/p>\n<p>Cisco is taking extraordinary measures to cut costs and has had its first ever <a href=\"http:\/\/biz.yahoo.com\/rb\/081125\/business_us_cisco_shares.html?.v=1\">4-day shut down<\/a> to conserve money. Generally this is a good thing to do but in this case, investors are nervous and not acting rationally and the stock is don almost 6% so far today. There is obviously continuing deterioration in world financial markets and Cisco&#8217;s move is smart.<\/p>\n<p>What is not mentioned in this report is the fact that this is the first time in my memory that Cisco is in a macro environment where little to no hiring is being done. So shuttering plants worldwide does not lead to mass defections to other sectors which are hiring.<\/p>\n<p>This is perhaps one of the few silver linings in a dark cloud.<\/p>\n<p>Om Malik has salient <a href=\"http:\/\/gigaom.com\/2008\/11\/25\/cisco-to-shut-down-for-4-days-at-year-end\/\">comments<\/a> on the matter and points to a lack of 2009 visibility. I agree with Om.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cisco is taking extraordinary measures to cut costs and has had its first ever 4-day shut down to conserve money. Generally this is a good thing to do but in this case, investors are nervous and not acting rationally and the stock is don almost 6% so far today. There is obviously continuing deterioration in<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166,168,170,171,179,180,181,201,172,162,199,218,1677,198,189,203,211,118,1670,177,174,191,205,219,175,1675],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/7439"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=7439"}],"version-history":[{"count":0,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/7439\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=7439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=7439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=7439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}