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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: PMS Witch who wrote (30331)12/15/1999 5:58:00 PM
From: Mephisto  Read Replies (2) of 77400
 
Dear PMS, Yes, they use the same old lines, and so do other companies. Recently, I read an EMC report that even broke the competition into categories and named their competitors. The EMC Report was probably a year-end report.

All the companies do it because they have to protect themselves from shareholder lawsuits (if they don't meet earnings) and from the SEC.

Professional analysts know these lines are standard fare in SEC Reports. I feel shortsellers used the standard text to drive CSCO's price down because we have option expirations this Friday.

I copied this from one of the news reports:

"Analysts said any
downside move based
on the company's quarterly 10-Q filing with the Securities and Exchange
Commission may be misguided, noting that the remarks represent a
standard warning regularly issued by the company each quarter."
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