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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

Nov 14 9:30 AM EST

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To: Martin Milani who wrote (25425)	5/11/1999 7:20:00 PM
From: jerryrom	Read Replies (1) of 77399

From Briefing.com: Cisco (CSCO 111 7/8 +2 5/8) As we noted in general commentary above, CSCO reported better than expected earnings of $0.38... Revenues jumped 44% to over $3.1 bln... Gross margins slipped slightly to 65% due to aggressive pricing and product mix transition... Overall tone of conference call has been upbeat... Add to good earnings news the announcement of a 2-for-1 stock split and the pieces are in place for a rally to new all-time highs... Stock up more than 3 points in after hours trading.

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