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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.21

+0.5%

10:31 AM EST

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To: Jacob Snyder who wrote (63871)	5/7/2003 10:59:56 AM
From: hueyone	Read Replies (1) of 77400

All their other numbers can't get much prettier. I suspect Cisco's reported gross margins are getting close to as good as they can get. online.wsj.com Snip from WSJ article: Cisco is posting higher profit despite lower sales because the company has greatly reduced costs. Gross margin, or profits before operating expenses, rose to a record 71%, from 64% in the year-earlier period. Cisco has been boosting gross margin by streamlining manufacturing, buying bigger quantities of fewer components, for example. Operating expenses fell 8% from a year earlier. Regards, Huey

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