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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 72.34

-2.9%

3:59 PM EST

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To: The Phoenix who wrote (18896)	11/5/1998 3:06:00 AM
From: LindyBill	Read Replies (1) of 77397

Jach was right! he predicted that competition would drive margins down to 20%, and they went down .2%My post 18893 The company's gross margins, however, fell from last quarter. Gross margins were 65.5 percent vs 65.7 percent last quarter due to product mix changes and lower pricing from competitors,Jach's post 18899 God, I wish I could predict stocks as well I as I can predict Jach's posts! Gary, I thought this guy was just dead wrong, and not a "stockman", but after reading his posts today, I guess you are right and we will have to turn SI loose on him if we are to get any sanity back on this thread.

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