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

To: Sonki who wrote (30309)	12/15/1999 10:26:00 AM
From: Curtis E. Bemis	Read Replies (2) \| Respond to of 77400

Analyst: Market overreacting to boilerplate statement By William L. Watts, CBS MarketWatch Last Update: 9:16 AM ET Dec 15, 1999 NEW YORK (CBS.MW) -- Shares of Cisco Systems were indicated to open lower Wednesday after the company revealed in a regulatory filing that it could see slower sales growth in the future. Analysts said any downside move based on the company's quarterly 10-Q filing with the Securities and Exchange Commission may be misguided, however, noting that the remarks represent a standard warning regularly issued by the company each quarter. Indeed, the language is included in a portion of the filing that requires companies to outline any possible risks to their financial condition. Shares of Cisco (CSCO) were recently seen at 94 1/12 on Instinet, down 3 7/16 from its close Tuesday. The pre-market weakness in Cisco appeared to be tied to the company's warning that its net sales growth could prove "significantly lower than our historical quarterly growth rate." This could make operating results for a particular quarter "extremely difficult to predict," the company said. Matt Barzowskas, an analyst at FAC/Equities, said the warning is being misinterpreted. "Every quarter they have a number of statements that their margins may come down and that they may not be able to continue their sales growth," he said. Barzowskas said any tumble would represent a buying opportunity. William L. Watts is a reporter for CBS MarketWatch. Steve Gelsi contributed to this report.

To: Sonki who wrote (30309)	12/15/1999 1:27:00 PM
From: Mephisto	Respond to of 77400

CSCO SAYS THIS EVERY QUARTER: Cisco's comment -- that net sales growth may slow down, with quarterly growth possibly ''significantly lower'' than the historical level -- was identical to a September 28 filing.

To: Sonki who wrote (30309)	12/15/1999 2:17:00 PM
From: Mephisto	Respond to of 77400

Cisco increases lead in networking hardware By Erich Luening Staff Writer, CNET News.com November 19, 1999, 6:30 a.m. PT [This story is not even a month old] A new survey shows that networking giant Cisco Systems expanded its lead in the networking market by 12 percent in the third quarter of 1999. According to a quarterly report by the Dell'Oro Group, total sales of shared hubs and local area network switches grew 5 percent, or $150 million, to $3 billion in the third quarter, with Cisco garnering 12 percent of the sales in that category. After Cisco, 3Com came next with an 8 percent growth rate during the quarter, trailed by Nortel Networks and Cabletron. Switches are a key piece of equipment for helping to direct data traffic on a computer network. Other categories of networking equipment turned in strong sales. Companies showing strong growth in the Layer 3 Ethernet switch market were Cisco, with $61 million, and Cabletron, with $15 million. Gigabit Ethernet shipments, which grew 46 percent quarter-over-quarter, were driven by an average price decline of about 20 percent. Fast Ethernet port shipments grew 22 percent quarter-over-quarter and the market is on pace to exceed $2.6 billion in revenue for 1999, according to the survey.