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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: Curtis E. Bemis who wrote (30310)	12/15/1999 2:10:00 PM
From: Mephisto	Read Replies (1) of 77400

And CSCO does NOT expect a drop in earnings. This is a nervous market!!!! Mephisto By William L. Watts, CBS MarketWatch Last Update: 11:23 AM ET Dec 15, 1999 NEW YORK (CBS.MW) -- Shares of Cisco Systems sank 3.5 percent on heavy volume Wednesday after the networking company revealed in a regulatory filing that it could see slower sales growth in the future. Shares of the company (CSCO: news, msgs) were off 3 to 94 15/16 on volume of more than 24 million shares early Wednesday. The stock was the most heavily traded on the Nasdaq. Shares recovered a bit after Cisco said it was still "very comfortable" with analysts' earnings expectations, Reuters reported. According to First Call, analysts expect 23 cents a share earnings in the second quarter and $1.00 for the fiscal year.

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