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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST

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To: Ed Forrest who wrote (28974)11/3/1999 4:30:00 PM
From: Jerry Catalfo  Read Replies (1) of 77400
 
From Briefing.com:

15:30 ET Dow +1, Nasdaq +37, S&P +3.82: As was the case yesterday, market getting hit with some late selling activity... Pullback being expedited by program trading... Would note that Cisco (CSCO -2 1/16) has sold off noticeably in the past hour... Apparently, MMC Networks (MMCN -9 3/4) made a less than impressive presentation at the Deutsche Banc conference and that has led to concerns about Cisco's prospects as Cisco accounts for approx. 45% of MMCN's business... Cisco is due to release its quarterly earnings after the close next Tuesday.
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