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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.25

+0.6%

Dec 15 3:59 PM EST

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To: Thomas Scharf who wrote (14146)	5/17/1998 3:58:00 PM
From: StockMan	Read Replies (2) of 77400

Re -- In the last 5 years, the price of CSCO stock has increased Success in the past does not mean success in the future. In the past, Cisco's competition was startups -- CEO's who were engineers (Ludwig, Levine and even E. Benhamou) and Chambers had a leg up having come from IBM and Wang. Cisco now has to deal with LU, NT and Bay. And Cisco is losing as evidenced by the slowing growth mentioned by a few analysts.!!!.

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