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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.82

-1.8%

3:59 PM EST

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To: Ed Robichaud who wrote (14412)	6/5/1998 1:30:00 AM
From: StockMan	Read Replies (5) of 77400

Re -- I for one look to Lucent to provide the challenge. Lucent operates on 46% gross margins, Cisco at 65%. Guess what happens when LU and CSCO compete with similar products (which will have to be at similar prices) Hint: Cisco's margins goes down. Check out COMS to see what happens when gross margins goes down. Stockman

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