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Technology Stocks : Ascend Communications-News Only!!! (ASND)
ASND 197.79-1.1%12:49 PM EST
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To: Gary Korn who wrote (1269)3/10/1998 1:44:00 PM
From: Maverick  Read Replies (2) of 1629
 
Cisco Sees Slower Growth Rates, part II
"If the economic conditions in these markets worsen, or if these
unfavorable conditions result in a wider regional or global
economic slowdown, this may have a material adverse impact on
the company's business, operations, and financial condition. The
company continues to monitor activity in the region closely," the
company said.

Europe could also be a problem for Cisco, the company said.
Cisco said it recently expanded its operations in Europe and
"expects to see an increase in exposures related to
non-dollar-denominated sales in several European currencies."

The company said it will hedge currencies to minimize
fluctuations.
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