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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.40-1.4%Jan 14 3:59 PM EST
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To: Tulvio Durand who wrote (28467)9/28/1999 3:30:00 PM
From: Zoltan!  Read Replies (1) of 77400
 
Cisco up on conference.

DJ Cisco Sees Telecom-Network Mkt Hitting $138B By 2002>CSCO

By Mark Boslet

SAN FRANCISCO (Dow Jones)--Cisco Systems Inc.'s (CSCO) two-year-old push into telecommunications has increased its opportunity in that market considerably, said Kevin DeNuccio, vice president of service provider operations.

The company estimates that in 2002 the market for data and voice networking equipment will be $138 billion, offering the company a sales opportunity more than four times greater than if Cisco sold only data networking equipment.

Speaking at a Bank of America Securities investment conference, DeNuccio said the company's announcement Monday of a new product architecture would give its equipment broader capabilities.

By enabling networking gear such as routers to process data stored deeper inside a network's communications software - in this case layer 7 - the gear can learn what applications are running and what users are doing, DeNuccio said. That is valuable data for network administrators and for companies that run large applications hosting centers for corporations, he said.

Cisco is not the only networking company seeking to have its equipment read data at layer 7.
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