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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.94+1.1%Nov 28 9:30 AM EST
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To: Curtis E. Bemis who wrote (42028)11/1/2000 9:19:11 AM
From: GVTucker  Read Replies (2) of 77400
 
ANTC warned, citing lower industry capital expenditure growth.

"Industry capital expenditure growth expectations generally appear to have shifted from the 30-35% levels, previously assumed, to approximately 20% levels. In addition, customers appear to be concentrating their expenditures on products that are revenue generating rather than general system upgrades and are more aggressively managing their investories."

A general comment like that will tend to have an affect on the whole industry, unlike a company specific comment.
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