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Cisco shares up 7.5% amid forecast that Q3 sales could grow 4%

Company's prediction counters concern that corporate demand is slowing amid fears of weaker global economy

San Francisco

CISCO Systems Inc, whose equipment is the backbone of the Internet, predicted sales that may beat some analysts' estimates, countering concern that corporate spending is falling off amid fears that the global economy is weakening.

The company said third-quarter sales...

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