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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.42

+4.6%

3:59 PM EST

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To: Brian Malloy who wrote (13089)	3/26/1998 11:45:00 AM
From: nukid onWallSt	Read Replies (4) of 77398

CSCO Down today because of this comment from www.briefing.com? Any suggestions? I would like to take profit soon?? Thanks! Computer Networking Brief: 3Com's earnings report was just so horrible that positive talk regarding future prospects couldn't save it from a down day... In this market that says a lot... While we are alarmed at the drop in margins and the miserable earnings figure, market's bullish undertones to keep stock from falling much further... Poor report triggered rash of earnings/ratings downgrades... With the exception of Cisco and Ascend (both up more than one point), rest of the group was flat... Long-term we like the industry's growth prospects... Short-term, we see increased pricing pressures preventing the group from staging a sustained push to the upside.

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