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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.99

-0.2%

3:59 PM EST

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To: RetiredNow who wrote (31160)	1/8/2000 8:34:00 AM
From: Zoltan!	Read Replies (1) of 77400

>>Rather than viewing the Lucent news as an indication of slowing demand for telecom equipment, the Street chose to treat it as a positive for Lucent's competitors, including Nortel Networks and Cisco Systems, which each rose sharply Friday after getting bashed in after-hours trading Thursday. For the week, Nortel was down 3 1/2 to 97 1/2 after touching a low of 77 late Thursday, while Cisco dropped 1 1/4 to 105 7/8 in the five sessions. Both Nortel and Cisco fetch about 100 times estimated 1999 profits. from Barron's Online -- January 10, 2000 interactive.wsj.com

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