Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.46

+1.8%

9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Eric who wrote (23035)	2/23/1999 6:24:00 PM
From: esterina	of 77397

Should see AFCI move on comments: CHEAP STOCK at these levels- 9 9/16 Advanced Fibre Communications (AFCI), a California maker of telecommunications systems for public telephone systems, could give investors fresh information about sales and profit growth. The maker of "local loops" between telephone users and public phone networks saw its shares surge in 1998, in part because of speculation someone like Cisco (CSCO) would scoop up the company for a couple of billion dollars. In 1998, Advanced Fibre's sales reached $312 million, a 17 percent gain. Yet that kind of growth wasn't enough to keep the shares, which hit 44 3/4 last April, aloft. The company's stock sells now for less than 10, leaving it with a market cap of less than $800 million. Greg Steele, recently promoted to chief operating officer, is scheduled to discuss the company on Wednesday. The company is one of the few at the conference that has no coverage from conference sponsor BancBoston Robertson Stephens.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next