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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.94

+1.1%

Nov 28 9:30 AM EST

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To: Glenn D. Rudolph who wrote (14100)	5/14/1998 6:27:00 PM
From: StockMan	Read Replies (3) of 77400

Re -- decreased estimate for long term EPS growth from 30.00% to 27.50% per year on 04/27/98 .. Whats wrong with this picture. EPS growth decreasing, P/E increasing... Heavy competitive pressures, comoditizing of Cisco's mainstay routers and switches. Ascend kicking Cisco's Butt in ATM. I guess Cisco is a high P/E internet stock like Ktel, excite and others.

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