Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Jan Crawley who wrote (10711)	6/29/2001 3:26:18 PM
From: dennis michael patterson	Read Replies (1) of 52237

CHip Chatter Herb Greenberg chip chatter 6/29/01 3:17 PM ET Communications chips are flying today not only because of a quarter-end markup, but because of comments Cisco's CFO made at an investors' conference in Europe that were construed by somebody (leading to rumors) that biz getting better and that the company is starting to buy again. WRONG! One very good source who just got off the phone with Cisco says the company says it has said NOTHING new and that it was just repeating what it said at the end of last quarter for the benefit of European investors. The company is working so hard to clear up the confusion that it has posted the following link to a webcast of the guy's comments on its website. Listen for yourself. (I haven't yet...just passing this along.) investor.cisco.com

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