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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.42-2.4%Jan 20 3:59 PM EST
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To: ralph keating who wrote (12145)2/4/1998 10:08:00 AM
From: craig crawford  Read Replies (3) of 77400
 
>>Going forward, according to Senan, the key questions are
whether the company still forecasts 30 to 50 percent growth for
1998, and how the Asian and European markets are performing.<<

Considering how C$CO only achieved EPS growth in the mid 20's the last couple quarters they will need to have a couple quarters in the mid 30's just to achieve the low end of the range of 30% for 1998.

I don't think so Cisco.

Shorting more this morning--65 seems to be a good resistance point.
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