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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

-0.3%

3:59 PM EST

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To: Ibexx who wrote (27294)	8/9/1999 10:03:00 PM
From: Mehitabel	Read Replies (1) of 77400

Ibexx-- good article in Informationweek online edition on the CSCO/KPMG deal. at informationweek.com some excerpts: "This could really help Cisco in its competition with Lucent and Nortel," says Michael Cristinziano, an analyst at Gerard Klauer Mattison. "As Cisco moves into the service provider space, it needs to provide its customers with systems integration partners. If they can buy influence with a systems integrator though a $1 billion investment, it is worth the money." "I think it's a very strong strategic move for Cisco," says Tim Luke, an analyst at Lehman Brothers. "It builds on an existing relation between KMPG and Cisco and enables Cisco to avoid having to own that lower-margin systems integration business." "It also reflects the competitive challenge Cisco faces from Lucent," Luke adds. "Cisco is trying to move into the telecom space, where Lucent's service and support are perceived as being stronger."

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