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

To: Zoltan! who wrote (27494)	8/11/1999 11:53:00 AM
From: Tulvio Durand	Respond to of 77400

It would appear that 69% of sales involved telecoms based on following excerpts of Chambers' remarks: ... Revenue continued to surge in the quarter, increasing 48% ... ... sales to telecommunications companies grew 80% in the quarter, compared with the same period a year earlier. By contrast, Cisco's sales to large and small businesses grew by 33% and 34% respectively, Mr. Chambers said. Assuming that total sales were made to telecoms and non-telecoms (ie., small and large businesses less telecoms), then the 69% is computed from the relationship, 33.5x + 80(1-x) = 48; x = 0.6882 Comments? Tulvio