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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.04

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1:33 PM EST

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To: NicholasC who wrote (10210)	11/4/1997 7:44:00 PM
From: .com	Read Replies (1) of 77400

CISCO SYSTEMS INC CEO and President John Chambers said the networking equipment giant sees continued high activity among telecommunications customers in its second fiscal quarter, with no major changes to the fundamental drivers behind its fast-growing business. "We believe that we are better positioned than ever in almost every product area," Chambers said in a conference call with analysts after Cisco's first quarter earnings report. But he said Cisco continues to be "paranoid" about potential threats, including the health of regional economies, service provider spending, and new and existing competitors. (Reuters 05:57 PM ET 11/04/97)

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