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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.15+4.3%3:27 PM EST

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To: Zoltan! who wrote (17502)9/30/1998 10:39:00 AM
From: jach  Read Replies (5) of 77398
 
CSCO from now till earnings report in Nov will be under great pressure; fairly obvious- even the big guys in europe that are european based are not doing well- why would one think that csco can be spared from this even when the european based companie are not-

Asia still very soft, and with substantial addition in employees that mkt segment is going to definitely reduce the earnings

and in US, we now have the new startups such as Extreme, Foundry, Packet Engine, Alteon taking some mkt share from cscso CAT 5000 line; Bay, 3COM and CS with their latest products that can tremendously reduce price/port cost - that's in the Enterprise LAN area
and in the WAN/SP, asnd 500/550 has been getting many large contracts and have not seen any recent news from csco as to any large wins for their ATM switches -

considering these factors- csco under great pressure is a fact- look for a chance to get in at 55$
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