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


To: Curtis E. Bemis who wrote (30310)12/15/1999 11:16:00 AM
From: VFD  Read Replies (1) | Respond to of 77400
 
Wednesday December 15, 11:08 am Eastern Time
Alert: Cisco Says "Very Comfortable" With Analysts' Q2 and Fy00 Estimates (NasdaqNM:CSCO)



To: Curtis E. Bemis who wrote (30310)12/15/1999 2:10:00 PM
From: Mephisto  Read Replies (1) | Respond to of 77400
 
And CSCO does NOT expect a drop in earnings. This is a nervous market!!!!

Mephisto

By William L. Watts, CBS MarketWatch
Last Update: 11:23 AM ET Dec 15, 1999


NEW YORK (CBS.MW) -- Shares of Cisco Systems sank 3.5 percent
on heavy volume Wednesday after the networking company revealed in a
regulatory filing that it could see slower sales growth in the future.

Shares of the company (CSCO: news, msgs) were off 3 to 94 15/16 on
volume of more than 24 million shares early Wednesday. The stock was
the most heavily traded on the Nasdaq.

Shares recovered a bit after Cisco said it was still "very comfortable" with
analysts' earnings expectations, Reuters reported. According to First Call,
analysts expect 23 cents a share earnings in the second quarter and $1.00
for the fiscal year.