Cisco Showing No Signs Of Doomsday

Cisco Systems

is expected to report this week that it will see an increase in purchase commitments, indicating a positive outlook instead of doomsday. While Cisco's weekly ordering and forecasts remain consistent, showing that the company sees solid demand regularly and show no cause for concern, according to Jefferies & Company. Jefferies maintains its "buy" rating for Cisco, which closed Friday at $24.07.