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


To: The Phoenix who wrote (38901)8/7/2000 6:09:13 PM
From: Ed Forrest  Read Replies (1) | Respond to of 77399
 
NEW YORK, Aug 7 (Reuters) - UBS Warburg said on Monday it expected Cisco Systems Inc. (NasdaqNM:CSCO - news) to meet or slightly exceed revenue and earnings estimates for the fourth quarter ended in July.

In a quarterly preview, UBS Warburg said:

-- had estimated $5.411 billion in revenues and 15 cents earnings per share (EPS).

-- expected more upside to revenue estimate than EPS.

-- now expected Cisco to report ``in line to a penny better than expected.''

-- estimated sequential growth 10 percent, but believes results will come in closer to 12 to 14 percent.

-- maintained a buy rating and $85 price target.

-- Shares were trading up 1-3/16 at 66-3/4 in morning trading on the Nasdaq.



To: The Phoenix who wrote (38901)8/7/2000 6:11:14 PM
From: Ed Forrest  Respond to of 77399
 
DSL rivals join forces to create compatible products

yahoo.cnet.com