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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.90

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2:21 PM EST

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To: StockMan who wrote (13464)	4/17/1998 8:45:00 PM
From: bgg	Read Replies (1) of 77400

re: And given the woes of the Cisco's competitors in the data networking market, Cisco should have been growing gangbusters. Yet Cisco's growth has slowed.!! Uhh... Hey Stockman, if the Cisco of today grew at the rate of Cisco of few years ago, when it was more the size of Bay, I think the company would soon employ everyone in Silicon Valley, may be even California! Here's another perspective -- pricing pressures + market share losses + questionable management = Bay's results. Pricing pressures + market share gains + excellent management = Cisco's continued growth (which is still quite insane for a $8 billion company), not too mention stable and stellar 60%+ gross margins.

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