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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.02+3.3%Jan 26 3:59 PM EST

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To: Eric who wrote (11925)1/29/1998 6:11:00 PM
From: Matthew  Read Replies (1) of 77400
 
<It's going to be fun listening to the conference call, just a few more days!>

Eric; I am also a bull with capital B. However, as far as the
conference call goes I think that the effect will be to
bring the stock down in the short term. I am almost
certain that their will be strong cautionary words about
Asia. As has been discussed on this thread, Cisco's exposure
in Asia simply is not that great but that won't stop
people from getting scared. If you think about it Chambers
has to caution about Asia because he (and everyone else)
dosn't know what the full impact will be. Even though everywhere
else is strong, investors are still not ready to be rational
about Asia. At the same time any effect from the above will
be short lived and recovery will quickly follow.

Cheers.
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