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To: yard_man who wrote (2517)	8/6/2002 6:00:57 PM
From: The Freep	Read Replies (1) of 10157

No cancer cure. Just that things won't be worse than expected (or not by much, anyway) 17:38 ET Cisco Systems Provides Guidance (CSCO) 12.07 +0.71: -- Update -- On call, company expects Q1 (Oct) revenue to be "flat to up slightly - low single digits." Q4 revs were $4.83 bln while Multex consensus is for Q1 (Oct) revenue of $4.976 bln, so that translates to +3%, sounds like maybe a slight warning or in-line... "would not be surprised to see book-to-bill below one"....expect gross margin in mid-60% range... company does not provide EPS guidance... stock moves higher on guidance to 12.93. I have no idea if the futures will hold. Except CSCO and a few bios, I don't see anything else over their HOD, even though the futures are pointing higher. My point earlier was that I wouldn't judge a concert based on the opening act any more than I'd judge the AH reaction to CSCO earnings before guidance. Now, I admit that guidance is not sterling, but you should never underestimate what will cause "panic buying." the freep

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