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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.08

+0.1%

Nov 7 9:30 AM EST

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To: alex pierson who wrote (18238)	10/17/1998 1:40:00 AM
From: jach	Read Replies (6) of 77397

This can be very BAD for CSCO and IMO, based on the MMC info it's now possible that csco may indicate softness for the next qtr. This can drive the price down drastically. Just look at some stocks such PSFT, can be cut in half within a day or two. IMO, it's time to sideline until the earnings release is out. Better to be safe than to be sorry. One does not want to hold on when it drops to 28$, it's a big difference from 68$ a few weeks ago. Maybe that's why it's down today although Nasdaq and most networkers are up quite a bit. -------- in regards to the MMC info <MMC Networks has guided estimates lower for its earnings this coming quarter. 56% of their sales go to Cisco so could mean that if they are expecting to make about 20% less than had been thought, that it is because Cisco will be buying less from them. What does this indicate for Cisco next quarter. Are they already ordering fewer parts because they are expecting a slowdown?>

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