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Detailed text transcripts for TV channel - CNN - 20110413:08:25:00

And this actually confirmed what a lot of analysts worried about. they were very skeptical about cisco trying to target the consumer market with products like the flip cam and umi home video conferencing. and they wanted cisco instead to focus on the core business networks. and then on april 6th, right there where the dot is, cisco stock rose 4%. and this happened after an internal memo was leaked where ceo john chambers said that the company s strategy was sound but its operational execution was not. and it was time for the company to refocus. but we do have to remember that cisco is still a profitable company. and consumer products is just 2% of the company s business. and cisco stock has ticked up slightly in after hours trading at about $17.45 a share. nina? whatever you say, paulina. i m holding on to my little flip cam. that is the latest on cisco and ....

Flip Cam , Consumer Market , Home Video Conferencing , Core Business Networks , Insurance Company , John Chambers , Dot Is , April 6th , To Refocus , Nina Desantos , 87 45 , 17 45 ,