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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.44

-0.6%

10:11 AM EST

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To: Sonki who wrote (26883)	7/14/1999 7:26:00 PM
From: bill c.	Read Replies (1) of 77400

[ Dividing the Telstra spoils ] Winners are grinners in the contest to build a new network infrastructure for Telstra. Dan Tebbutt analyses the outcome. ...For every winner, there has to be a loser. The shock underachiever in DMO is Cisco, the erstwhile king of Internet technologies, which entered a combined bid with Alcatel.... ....Johnson says Telstra's deliberations tend to confirm the Gartner view that Cisco faces an uphill battle for credibility among telcos. "At the carrier-grade end of the market, this is probably not an unexpected outcome," the analyst says. Cisco managing director Gary Jackson admits the outcome is deeply disappointing for the gung-ho Internet vendor. But he insists there are still plenty of opportunities for Cisco to work with Telstra.... technology.news.com.au

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