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SBC Warning Gnaws at Cisco's Plans

 

Cisco's (CSCO Quote) entry into telecom equipment sales may have once seemed like a cinch. But lately the gear maker has been feeling the pinch.

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The latest setback for the computer-networking giant came Tuesday, when SBC (SBC Quote) cut its profit and sales forecasts for next year. Foremost among problems at the nation's No. 2 local phone company was a slower-than-expected expansion of digital subscriber line, or DSL, high-speed Internet service. ...

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