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To: Olu Emuleomo who wrote (74863)	8/20/1999 4:18:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Cisco CFO plans to sell $6.4 mln in stock WASHINGTON, Aug 20 (Reuters) - Cisco Systems Inc. <CSCO.O> Chief Financial Officer Larry Carter plans to sell $6.4 million in common stock, according to a Securities and Exchange Commission filing. Carter, who has been with the San Jose, Calif.-based company since 1995, filed on Aug. 16 to sell 100,000 shares he received from exercising options, valued at an estimated $6.4 million. The CFO already sold 142,200 shares on Aug. 13, valued at an estimated $8.97 million, the filing said. Cisco Systems, the world's leader in networking solutions for the Internet, had $1.452 billion in net income during the nine-month period ending May 1. Carter earned $326,439 in salary last year, plus a $555,152 bonus, according to the company's proxy. Additionally, Carl Redfield, the company's vice president for manufacturing, plans to sell 25,000 shares valued at an estimated $1.59 million, according to his filing with the SEC. Redfield sold 50,000 shares on Aug. 13 valued at an estimated $3.15 million, the filing said. A spokeswoman for Cisco Systems was not immediately available for comment. Cisco Systems shares were up 7/8 to 63-1/8 in afternoon trading on Nasdaq.