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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: John F. who wrote (27442)	8/10/1999 7:47:00 PM
From: Vendit™	Read Replies (4) \| Respond to of 77399

The San Jose, Calif.-based Cisco (CSCO: news, msgs) said pro forma net income totaled $727 million, or 21 cents a share, excluding charges. Analysts surveyed by First Call were expecting a 20-cent profit. A year ago, Cisco's pro forma net income was $525 million, or 16 cents a share, adjusted for two stock splits. Boosted by the news, in after hours trading shares of Cisco rose to 59 5/8 after closing at 58 3/4 during Tuesday's session. Analysts expect the momentum to continue heading into Wednesday's session. "They've reported about in line with the Street for the last several quarters," said Erik Suppiger, an analyst at Hambrecht & Quist. "So, if they're a penny above I think that will probably be viewed positively." cbs.marketwatch.com