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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.32

-0.6%

1:35 PM EST

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To: x70sxn who wrote (11549)	1/13/1998 8:11:00 PM
From: craig crawford	Read Replies (3) of 77400

<< -Wassup with csco? It's not moving in either direction... Sloppy-why? >> I wasn't sure myself but it was reason enough for me to sell my A$ND and re-short COMS. I noticed C$CO wasn't budging and CS was down, A$ND reached it's peak early in the session even with the upgrade and couldn't recover. Now we find out that COMS just made some horrendous comments in an SEC filing today. (I think it was the 10Q--it's about time for that). techweb.com "There can be no assurances that the company's results in any particular quarter will fall within market researchers' forecasted ranges." Pricing pressure intensified across a variety of the company's products during the second quarter of fiscal 1998, and may intensify in coming quarters." 3Com warned that "a significant fluctuation in foreign currency could have an adverse impact on the company," and that instability in the Far East may increase credit risks as weakening Asian currencies lead to late payments or bankruptcies. Seems to me like they are trying to tell us something.

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