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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: Stock Farmer who wrote (47416)1/29/2001 8:17:14 AM
From: Wyätt Gwyön  Read Replies (3) of 77400
 
John, it seems Cisco's business is slowing. How can this be? I thought Chambers said Cisco would be unaffected by any slowdown. I wonder if a credibility gap is starting to develop. I'd hate to think where Cisco would trade if it was priced based on fundamentals rather than fantasies.


07:31 ET Cisco Systems (CSCO) 38 3/8: Stock indicated 1 1/4 pt lower in pre-market following cautionary comments issued by CEO Chambers at the World Economic Forum. According to Mr. Chambers, business conditions in January have continued to be challenging for company and its customers.... This morning, Lehman is trimming EPS estimate and price target.
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