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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (17431)2/7/2000 12:27:00 PM
From: stockman_scott  Read Replies (1) of 54805
 
uf-...Re:CSCO...I thought you would appreciate this <G>....

<<Monday February 7, 12:07 pm Eastern Time

RESEARCH ALERT - Cisco raised to strong buy

NEW YORK, Feb 7 (Reuters) - Wit SoundView analyst Truc Do said on Monday he upgraded his rating of Cisco Systems Inc. (NasdaqNM:CSCO - news) to strong buy from buy, and raised his long-term price target to $160 from $120.

-- He raised his fiscal 2000 earnings per share estimates to $1.05 from $1.03. His fiscal 2001 earnings estimates were raised to $1.38 from $1.30.

-- Shares of Cisco were up 2-3/4 at 123-7/8 in trade on the Nasdaq stock market.>>

Best Regards,

Scott

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