A gloomy outlook from Cisco Systems Inc. is shaking some investors' faith in the strength of the technology industry's recovery, the Associated Press reports. Corporations have loosened their purse strings after slashing their budgets. Some governments have poured money into stimulus-fueled technology projects. Consumers are starting to snap up cell phones and gadgets again after backing off in the past few quarters. But Cisco revealed severe slowdowns in spending by state and local governments in the U.S. and by governments in Japan and Europe. That has investors worried that other companies will show similar trends when they report their next...
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