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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Elmer who wrote (76591)10/22/1999 10:22:00 PM
From: Goutam  Read Replies (1) | Respond to of 1573711
 
Elmer,

For the CISCO holders on this thread -

forbes.com __________________________

Can the unthinkable happen? By John Shinal

NEW YORK. 6:30 PM EDT- ÿIf Cisco Systems (nasdaq: CSCO) misses Wall Street estimates for its fiscal first quarter, it will be the first earnings disappointment for the No. 1 maker of networking equipment. That perfect record, along with Cisco's position among the largest technology stocks, means any shortfall announcement from the company will torpedo U.S. markets.

Cisco's shares fell $2.63 to $66.57 on Friday. The stock floated between $69 and $71 for most of the day before falling off the table amid heavy trading the last hour. The selloff was sparked by a rumor that Cisco may come up short of second-quarter estimates because some customers were delaying equipment orders due to Y2K concerns. ...

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forbes.com __________________________

Goutama