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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.87

-0.5%

10:55 AM EST

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To: Paul Shread who wrote (15639)	8/4/1998 4:38:00 PM
From: macker	Read Replies (4) of 77400

not what the market expected? their revs and net profits were tremendously larger, especially net profit per basic share, their revs were almost double. they also took a one time charge of 3 cents a share. what more could the market expect, the 48 cents is good, but the other numbers that go with it tell the story, and the split is just icing on the cake, if it werent for a general dow disaster, the stock would of finished much higher today, and with aol coming out with 23 cents versus 19 expected, you should see nasdaq recover somewhat tomorrow. the general trend might be bearish, but when that happens, what better place to put your money than a stock like csco, its the more speculative stocks that will take the hit. macker

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