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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 79.83

+0.4%

12:22 PM EST

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To: Bill who wrote (19997)	12/21/1998 9:34:00 AM
From: Zoltan!	of 77400

from Briefing.com: Computer Networking Cisco (CSCO) blew to a new all-time high Friday, surging 5 9/16 on year-end window dressing, options related activity and technical buying... Stock headed to 100 in no time... Should also be noted that SG Cowen upped its rating to strong buy from buy... Raised FY00 estimate to $1.86 from $1.77... Set a 12-mo target of 105. Cabletron Systems (CS +3/16) due to report earnings... One of few tech companies to warn... Street now looking for loss of $0.10... Year ago company earned $0.13... Miss or additional negative comments will send laggard (YTD stock off 40%) back to 6 area. 3Com (COMS +3/16) set to report earnings on Tuesday... A lot riding on report as street has been betting on improved results... There is little margin for disappointment... On the other hand, a better than expected number will unleash another round of buying as doubting Thomas' jump on board. briefing.com Tha latter two typically lay eggs so Cisco shares may feel some temporary impact.

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