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

To: Zoltan! who wrote (32691)	3/9/2000 12:35:00 PM
From: Lynn	Respond to of 77400

Dear Eski and Zoltan: I just went looking for news after coming inside for a lunch break (from burning tree trimmings) and noticing CSCO is up over 6 points, went over to look for an explanation at ML's site. Nothing new in the research area. For news, just a mention among other NASDAQ stocks in an article on how the NASDAQ is up and DOQ components, down. Over at Yahoo! an interesting article on a company I have never heard of before TIBCO (TIBX), a B2B in which CSCO has a minority stake mentions CSCO a lot--but this can not account for the price action. Maybe the rumor you heard, Eski, is more than mere rumor. Here's the Motley Fool article I found at Yahoo!: Thursday March 9, 12:07 pm Eastern Time MotleyFool.com - Fool Plate Special TIBCO in Tip-top Shape By Dave Marino-Nachison Keeping up with even a few of the high-growth technology companies that have seen their shares skyrocket over the last several months is just about impossible, and as such, one we missed is white-hot business-to-business information exchange company TIBCO Software (Nasdaq: TIBX - news). Looking through our archives, the only time our editorial department has even mentioned TIBCO was in May 1997 when news that NOW 50 component Cisco Systems (Nasdaq: CSCO - news) would buy a minority stake in the company -- not publicly traded in those days -- made the Boring Portfolio's then-daily report. That was the news then; today, the shares were poised to pop as the company pre-announced first-quarter (ended Feb. 29) revenues ahead of the company's planned March 23 earnings press release. Fittingly, at least for Foolish writing purposes, it's in large part because of that fateful Cisco announcement that investors were so eager to get their hands on shares of the company's stock when it went public last July: The shares have outpaced those of the high-flying networking equipment Rule Maker by a staggering percentage. Why? Cisco's prospects for growth are well-documented; some predict a $1 trillion market capitalization for the company in a few years. After last month's announcement that the company, a 7% owner of TIBCO, plans to integrate TIBCO's products throughout the entire Cisco line, investors have been wild about TIBCO's potential to become one of the Internet's linchpin providers. "This company can be the Microsoft (Nasdaq: MSFT - news) of the Web," TIBCO Chairman and CEO Vivek Ranadiv‚ said last month in a newspaper article. "We have all the pieces and all the partners." About 500 companies use TIBCO's software, Ranadiv‚ said yesterday in an interview available at ITRadioNetwork.com. The shares fell slightly in early trading today as the company said first-quarter revenues are expected to come in at $41 million or $42 million. Though the year-over-year numbers are predictably staggering, growth investors are more concerned with sequential figures, and it may be that investors were hoping for more than the 27% growth reported today. Then again, with the stock heading upward again as the morning progressed, maybe the market liked the release. Maybe that's why we don't try to predict the market. Software license sales are expected to come in at 68% of revenue -- the balance, as with most software companies, comes from service and maintenance -- slightly ahead of the previous quarter's 65% figure. It's expansion of that figure that will most help boost the company's gross margins as it tries to build up the critical mass that will help it justify its hype and valuation. It may be on its way to doing that: Though operating losses were heavy at more than $81 million last year, sales grew at a significantly brisker rate. (For a useful take on evaluating companies, click here.) Also making news today was TIBCO's taking a $4 million stake in WebEx, a business-to-business communications software company. It's one of the first investments made through its B2B Infrastructure Investment Fund program, which TIBCO is running with the help of Cisco, Andersen Consulting, and Motley Fool investor Mayfield Fund, to name a few. Other investors in WebEx include New Enterprise Associates and Deutsche Telekom (NYSE: DT - news). biz.yahoo.com Regards, Lynn

To: Zoltan! who wrote (32691)	3/9/2000 12:42:00 PM
From: Tony Viola	Read Replies (1) \| Respond to of 77400

Zoltan, when Intel was announced as a DOW stock late last year, it was in the low $70's. It hit $120 this week. That's not a good performer? Microsoft, I agree about, but a lot of their lagging has got to be chalked up to the DOJ FOF, etc. No argument about CSCO, though. Tony

To: Zoltan! who wrote (32691)	3/9/2000 8:09:00 PM
From: Zoltan!	Read Replies (1) \| Respond to of 77400

Acampora also talked about the recent speculation that Cisco Systems Inc.(NasdaqNM:CSCO - news), which edged closer on Thursday surpassing software giant Microsoft Corp. (NasdaqNM:MSFT - news) as the world's largest company in terms of market capitalization, would be the newest member of the blue-chip Dow Jones industrial average. ``That would really be like putting racing stripes on an old car,' he said, referring to the Dow, heavily weighted with industrial stocks. biz.yahoo.com