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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Sully- who wrote (5207)	11/13/2001 1:58:36 PM
From: Softechie	Read Replies (2) of 99280

Game set match! Cisco Systems (CSCO) 19.55 +0.29 (+1.5%): -- Update -- Equities slip from highs of the day, with Cisco leading the slide. Traders citing Dow Jones report that CEO sees a plateau in orders, but 2-8 quarters of slow growth. Sun Microsys (SUNW) 13.24 +0.51: -- Intraday -- Bear Stearns reiterates Buy; after firm hosted a conference call with company's President & COO, Ed Zander; firm notes that while the demand environment remains weak and uncertain, believes Sun's competitive position remains strong and the stock will be a highly leveraged play on an economic upturn; cautions, however, that given the uncertain demand conditions, the company's near-term business volumes do carry risk and for Q2 (Dec) forecasts an EPS loss of $0.05 on revenues of $3 bln.

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