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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

Nov 14 9:30 AM EST

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To: Baldur Fjvlnisson who wrote (60888)	8/8/2002 7:56:02 AM
From: JakeStraw	Read Replies (1) of 77399

Merrill Lynch remains bullish on Cisco Systems after earnings news in report 8/7/02 Analysts Samuel Wilson and John Coyle reiterate intermediate- term and long-term "strong buy" ratings on the networking gear titan after it beats Wall Street earnings expectations. Wilson and Coyle say the firm's stock buy-back program provides a foundation for the shares, and note Cisco's increasing profitability. Although revenue for the recent quarter was flat, they expect sales growth to start towards the end of this year or in early 2003. clickthru.online.com

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