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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

Nov 21 3:59 PM EST

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To: Lucretius who wrote (11617)	1/16/1998 2:10:00 PM
From: Brian Malloy	Read Replies (2) of 77400

Backing the Bullies Earnings? Price? Fugget aboutit. Buy those ruthless companies who gladly kick their rivals when they're down. By Jim Jubak It's not crazy. Just downright mean. News on mergers is another hint. What company is buying smaller competitors or adding new products by acquisition while its competitors struggle? Notice how Cisco Systems (CSCO), for example, continues to buy small technology companies, while 3Com (COMS) and Ascend Communications (ASND) struggle. The company's December announcement of the acquisition of LightSpeed International, an Internet telephony firm, is just the most recent example. Scan earnings reports by companies in currently hard-pressed industries to see who is spending on capital equipment and increasing their research and development dollars during the bad times. investor.msn.com

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