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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.19

-0.1%

Jan 16 3:59 PM EST

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To: Lizzie Tudor who wrote (62279)	11/6/2002 5:56:10 PM
From: RMP	Read Replies (1) of 77400

CFO said he expects second-quarter revenue to be "sequentially flat to down 3 to 4 percent" from what it had been in the first quarter. This doesn’t look good for the enterprise market. Hope I am wrong. Perhaps the news in the future news will be better. On the other hand csco expects to have a gross profit margin of 66 percent to 68 percent in the second quarter, Carter said, adding that operating expenses will decline "slightly" from the first quarter. Carter said he expects that Cisco will continue to generate $300 million to $400 million per month in cash.

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