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Strategies & Market Trends : Galapagos Islands

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To: Venkie who wrote (14071)	11/22/2002 8:55:19 AM
From: Oral Roberts	Read Replies (1) of 57110

08:34 ET Fulcrum downgrades CSCO/EXTR Fulcrum downgrades Cisco (CSCO 15.24) to SELL from Neutral; cites concern that revenue growth in rest of 2003 and 2004 will not be sufficient to offset the impact of declining gross margins; sets 12-month target of $11. Also downgrades Extreme (EXTR 5.11) to SELL from Neutral, citing continued market share loss, additional pricing pressures, and lack of operating leverage. I also saw where CSCO would have had loss's instead of earnings if they expensed options. This is very bullish in today's environment. Buy all pullbacks!!!!

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