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Strategies & Market Trends : Making Money is Main Objective

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To: Softechie who started this subject	5/14/2001 5:24:41 PM
From: Softechie	Read Replies (1) of 2155

DJ Cisco To Have Improved 2H, Says Lehman Analyst 14 May 14:21 NEW YORK (Dow Jones)--Despite it being hard to predict the future of Cisco Systems Inc. (CSCO), Lehman Brothers Inc. telecom equipment and data networking analyst Tim Luke believes the San Jose company will have a better second half. "They continue to have a leading market share and leading positioning in most of the markets in which they compete," Luke told CNBC Monday. "With the rate cuts we'll begin to see a better outlook in the second half." Sales to the telecom market will remain hard for Cisco, said Luke, but the wireless market, storage, and voice-over-IP market could be the growth markets the company needs. Luke expects to see Cisco trading at $24 a share in the next 12 months. Shares recently traded at $18.33. -Amy Braunschweiger, Dow Jones Newswires; 201-938-5388; amy.braunschweiger@dowjones.com (END) DOW JONES NEWS 05-14-01 02:21 PM

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