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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.93

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To: Tony Viola who wrote (30306)	12/15/1999 10:11:00 AM
From: Curtis E. Bemis	Read Replies (1) of 77400

08:44 ET Cisco Systems (CSCO) 97 15/16: --Update-- Brokerage firms starting to come to Cisco's defense -- Merrill Lynch says that "we do not believe there is any new news in the 10Q." Merrill says that declining gross margins were already factored in and that lower DSOs (days sales outstanding) reflect reduced lead times rather than lower revenue visibility. Off briefing.com

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