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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.93+1.2%12:59 PM EST

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To: Paul Reuben who wrote (30569)12/22/1999 7:40:00 AM
From: Zoltan!  Read Replies (1) of 77400
 
Deja vu all over again - 3COM laid its quarterly egg:

Sales of modems and adapter cards fell 14%. Sales of computer-networking equipment for businesses fell 12% from a year earlier, suggesting that 3Com is losing more ground to market leader Cisco Systems Inc. Operating profit for the division fell to $6 million, or 1% of sales. Christopher Stix, an analyst for SG Cowen, called the results "shockingly bad."
interactive.wsj.com^CSCO

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