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


To: Howard Feinstein who wrote (35240)5/10/2000 9:21:00 AM
From: Zoltan!  Read Replies (1) | Respond to of 77397
 
H & Q raises Cisco:

**** Chase H&Q **** Chase H&Q **** Chase H&Q ****

Company: Cisco Systems
Price: 62.75
Recommendation: Strong Buy
Notes: a,f

Date: 5/10/00

Reports Strong Fiscal Third Quarter Results - Raising Estimates

* Strong revenues and EPS of $4.92 billion and $0.14 exceeds our expectations
of $4.65 billion and $0.13, respectively
* Quarter driven by solid results across all product segments and re-
acceleration of enterprise revenues (with 20% sequential growth)
* Margins and balance sheet ratios for the quarter are in-line with our
expectations
* Raising FY00 and FY01 EPS estimates to $0.54 and $0.70 from $0.51 and $0.65,
respectively; Rating shares a STRONG BUY...