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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.75-0.5%3:59 PM EST

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To: The Phoenix who wrote (21665)2/2/1999 5:28:00 PM
From: The Phoenix   of 77397
 
ampac -5%
japan - 5%
emea - 25% growth 10% (50% yr/yr)
no problems in UK like our competitors
americas- 65%?
US was a good quarter (challenges in some enterprise accounts

Generally 50% growth yr over yr worldwide..

Asia: Japan and AMPAC
Japan economic growth is in line wiht rest of company
AMPAC: we believe they have bottomed and are expecting good things in a year or two

Guidance:
pleased with growth, things have never looked stronger!
SP orders are large and lumpy. We believe that after these initial buildouts that larger orders will follow!!!! We are seeing major opportunities coupled with major challenges. We expect next quarter to be challenging. We expect our gm to decline over time. Goal is to grow above the industry growth rates - even at the size that cisco is at today.

IP data infra. will become the standard
circuit switching will be replaced

-more-
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