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: Paul Shread who wrote (16600)	8/24/2001 9:31:54 AM
From: Chris	Read Replies (1) of 52237

briefing 07:47 ET Cisco Systems (CSCO) 16.76: -- Update -- Morgan Stanley says CSCO restructuring does not come as a surprise, as firm previewed such a move earlier this month... departure of Kevin Kennedy was widely anticipated; thinks he will take the CEO position at another company in the industry... biggest news coming out of announcement was the confirmation of guidance four weeks into the qtr, and further commentary that the biz is stabilizing... views the issuance of options as a positive for the stock. 07:40 ET Cisco Systems (CSCO) 16.76: -- Update -- CSFB's take on the Cisco restructuring; firm does not view changes as a magic bullet, and not sure that they will actually make a significant difference operationally; thinks the 11 technology groups are likely to be more nimble and inspired, serving customers more effectively

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