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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.99

-0.2%

Dec 23 3:59 PM EST

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To: Charles Tutt who wrote (64342)	8/5/2003 8:32:17 PM
From: William F. Wager, Jr.	Read Replies (1) of 77400

Cisco had another bit of good news. The company's book-to-bill ratio, which shows the number of shipped orders to unfilled orders, was above one. A ratio above one suggests sales will hit their forecasts. In the previous five quarters, the ratio was below one. Bhasin said it's a good sign for Cisco to have a backlog of orders going into the fiscal first quarter. This has traditionally been Cisco's weakest quarter for sales due to summer holidays. "They should show a strong backlog to comfort investors about their first-quarter results," Bhasin said. investors.com

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