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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.19

-0.1%

Jan 16 3:59 PM EST

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To: Sam Armstrong who wrote (12993)	3/19/1998 8:15:00 PM
From: Tulvio Durand	of 77400

Cisco VP says that despite Asian slowdown overall company "will continue to grow faster than the overall market which is growing (revenues) between 30 and 50%." HANOVER, March 19 (Reuters) - Cisco Systems Inc (CSCO - news), the acquisitive Californian company which sells Internet enabling equipment, said on Thursday it expects powerful growth to continue despite nervousness over some high-tech corporate prospects, and the debacle in Asia. In an interview with Reuters, Cisco Systems Europe vice-president Yvon Le Roux said despite a slowdown in Japan, the overall company would still grow as fast as last year. ''In Asia we've had negative impact like everybody else but the overall corporation continues to grow in several digits and we feel it will continue to grow faster than the overall market which is growing (revenues) between 30 and 50%.'' biz.yahoo.com; That's darn good news if you ask me. Tulvio

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