What's Chambers saying that is tanking the stock? http://investor.cisco.com/eventdetail.cfm?eventid=64393 Orders form China/India dropped off a cliff. Down 20-30%.
Order flow has already slowed significantly. It just hasn't shown up materially in the revenues yet. Also, 3 billion of revenue was from interest paid on cash. They have 30 billion of it. And their estimates had been lowered close to 35%, I do believe.