TheStreet.com TV Recap: Cisco Slowdown a Crock

Market players who don't have confidence in Cisco (CSCO Quote) should go read the Juniper (JNPR Quote) call from two weeks back where Juniper CEO Scott Kriens talks about how there is no slowdown whatsoever for his company or for Cisco, Jim Cramer said on TheStreet.com TV's Wall St. Confidential Web video Monday.

"Cisco keeps getting pinned by people who ask certain questions," he explained. The company has all these silos of business, and Cramer said if he were to learn that the Singapore or Malaysian silo was going to slow down, he would be very concerned, but the fact is they aren't slowing down.

Instead, all people hear about is how financial service slowdowns are going to affect Cisco, he said. Kriens came up with some good analysis of financial services, saying that there are always companies that say they don't want to spend right now because they want to make their quarter, Cramer said. But then these companies come right back as they realize they have to spend. ...