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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.93

+1.1%

Nov 28 12:59 PM EST

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To: Paul Shread who wrote (14862)	6/30/1998 7:52:00 PM
From: StockMan	Read Replies (3) of 77400

Re -- The heads of rival networking firms should be taken out and short for the asinine cost-cutting they did. The cost-cutting hasn't stopped. Cisco still doesn't have a L3 routing switch (everyone else has one) which will be sold at 1/10 the price of a router. Furthermore Cisco doesn't have a GE product, their Granite acquistion was a failure. The trend is for routers and switches "intelligence" to move into hardware (commoditization), and standardization of IP will hasten this move. This is one of the reasons chambers says that Cisco's margins will decline, and its growth is slowing. Stockman

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