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

To: The Phoenix who wrote (38326)	7/14/2000 1:24:25 PM
From: michael97123	Read Replies (1) \| Respond to of 77397

OK Gary, 4200+ now. Hazard a guess for todays close and next weeks action. Clear Sailing to 4300-4400 or roadblocks? I wait for your response with baited breath.

To: The Phoenix who wrote (38326)	7/14/2000 1:59:52 PM
From: telecomguy	Read Replies (5) \| Respond to of 77397

Gary, I don't need to know too much about CSCO other than they are an "old-world" Router (READ BOX) company. What's more important to me is what they are NOT. They are not a Carrier-Class networking infrastructure company. Get that through your head..........and when it finally does, you will know why I have been saying that Chambers strategy to bet huge $$ on entering into this space is a huge gambit on CSCO's part. The result of the gambit is not so obvious on the P&L ....YET.....but as usual, events will unfold as they should. We do live in a rational universe, right? (unless you are a CSCO devotee that is). Wake up and smell the coffee Gary and keep what profits you've made. After all, it's just as important to keep as it is to make it in the first place.

To: The Phoenix who wrote (38326)	7/14/2000 2:59:38 PM
From: Bill	Read Replies (1) \| Respond to of 77397

Looks like the days of criticizing anal-ysts are over. cnetinvestor.com CS First Boston Seeks $1 Mln in Suit Over Messages (Update1) 7/12/00 1:46:00 PM Source: Bloomberg News New York, July 12 (Bloomberg) -- Credit Suisse First Boston Corp. asked a federal judge to order a New Jersey man and 10 others to pay $1 million for allegedly libeling the firm by posting critical messages about one of its analysts on a Yahoo! Inc. message board. The suit, filed Tuesday, accused Chuan Chang, a retired scientist, and 10 unidentified computer users of defaming the global investment bank and its analyst by posting disparaging messages. The complaint doesn't identify the analyst or any of the other defendants -- known only by screen names such as LA_Broker and HealthCareChick -- who posted the messages on Yahoo's ELN Finance Message Board between March and early July. The messages ''included false statements defamatory of CSFB and one of its research analysts,'' the suit says. The messages are ''potentially injurious to the business of CSFB,'' it said. Reached at his Colts Neck, New Jersey, home, Chang said he was stunned by the suit. He identified the stock that was the subject of the Internet dialogue as Elan Corp. Plc, a specialty pharmaceutical firm whose American depositary receipts have risen from 39 11/16 on March 9, the day of the first posting cited in the suit, to 50 11/16 today. 'Dead Wrong' Chang said the analyst soured on the stock even as it continued to climb. ''It's done very well, and the guy said it's no good,'' Chang said. ''That's why we were ridiculing him and saying this guy is dead wrong.'' Chang hadn't received the complaint as of late Tuesday. ''An analyst trying to shut message boards down would be a terrible thing,'' he said. ''It would prevent people from communicating freely on the Internet.'' Credit Suisse First Boston is a unit of Credit Suisse Group. The company seeks damages of ''not less than $1 million'' and an injunction prohibiting the defendants from posting libelous comments. The suit also alleges that the posters violated the federal telecommunications act by trying to ''threaten or harass'' persons who received their messages. Although the suit doesn't name the analyst, many of the messages identify him as Maris. David Maris was hired by Credit Suisse First Boston in November to cover specialty pharmaceutical companies. While at Bear Stearns Cos., he was the No. 2 ranked analyst in 1999 in that category, according to Institutional Investor Magazine's annual survey. Proud of Firm In an interview, Maris said his recommendations are sound. ''I stand by my work for both its conclusions and its thoroughness,'' he said. Maris rated the company ''hold'' in February. He added, ''I'm proud to be associated with a firm that cares about intellectual property and intellectual integrity.'' Among the dozen or so allegedly defamatory messages on the Elan message board are ones that compare Maris to ''a monkey throwing darts,'' and call him illogical and a ''goof.'' Others suggested he was seeking to depress the stock to benefit investors who are betting the share price will fall. ''Wonder what his employers will do when they find out how much time he spends spinning misleading statements to fool uninformed investors?'' a message posted on July 3 asks. A May 24 message cited in the complaint says Maris ''is going around today saying that Elan has $800 million of 'phony' investments on its books and that the company is basically laundering money. I don't know where he gets his facts from but I also heard Donal Geaney (Elan's CEO) is quite angry.'' Elan Elan, Ireland's biggest drugmaker, hopes to offer a vaccine- based treatment for Alzheimer's disease, among other drugs. The company hopes the drug can enter large-scale clinical trials needed to win approval from the U.S. Food and Drug Administration within two years. Also, the company recently announced that the FDA intends to approve ziconotide, a treatment for chronic pain. David Kaplan, a Washington attorney who contributes to the message board but was not sued in the case, said the Yahoo board is among the more informative of which he is a member. Kaplan, who is trying to organize a conference of Elan investors in Dublin this fall, said contributors to the board have been dumbfounded by the critical Credit Suisse reports. ''Elan has done wonderfully,'' Kaplan said, adding that the lawsuit is ''an outrage.'' Ann Beeson, an attorney with the American Civil Liberties Union, said dozens of public companies have filed libel suits challenging critical comments on the Internet. This, however, may be the first by an investment firm, she said. ''They're filed not because they think they'll win. They file them in order to scare other online John Does,'' Beeson said. Credit Suisse Group shares rose 5 Swiss francs to 333 in Zurich. Yahoo shares rose 19 7/16 to 124 15/16 in trading on the Nasdaq Stock Market.