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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.78

+1.2%

Dec 3 3:59 PM EST

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To: Curtis E. Bemis who wrote (23589)	3/11/1999 10:34:00 AM
From: Jeffrey D	Read Replies (1) of 77400

From H&Q in regards to 10-Q wording. Jeff << Cisco Systems (CSCO) STRONG BUY $103.00 FY99 E: 1.47 FY00 E: 1.82 Farrokh Billimoria fbillimoria@hamquist.comCSCO 10-Q Comments An article published this morning indicated that comments in CSCO's 10-Q suggested that the company was warning investors of potential gross margin pressure. Our research suggests that the language in the 10-Q is identical to the previous quarter and that there is no incremental change in the management's outlook regarding gross margin guidance.

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