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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 83.12+3.1%Feb 3 3:59 PM EST

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To: RetiredNow who wrote (67934)5/20/2005 7:59:08 AM
From: RetiredNow   of 77400
 
Cisco Router Sales Momentum To Continue In 2005
05.19.05, 4:45 PM ET

Standard & Poor's Equity Research reiterated a "strong buy" on Cisco Systems (nasdaq: CSCO - news - people ) after data from independent research firm Dell'Oro showed Cisco gained share in the high- and low-end routing segments and maintained share in the mid-range segment. S&P Equity Research said, "With the company recently reporting April quarter router sales up 8% sequentially from the January quarter, the market share gains are not a surprise to us. We believe that router sales benefited from strong demand for the new ISR product line, which integrates security and voice over IP applications." S&P Equity Research said it expects Cisco's router sales momentum to continue throughout 2005, aided by Cisco's integrated solution approach.
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