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

To: Monty Lenard who wrote (39127)	8/8/2000 10:38:29 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 77397

Yep, just wonder how much will remain from their $13 billion in investments wen they will try to convert it to real money. DD moved nicely but I think they will kill it soon. In any case I am hedged on this one. If it goes higher no beer <GGGG> Haim

To: Monty Lenard who wrote (39127)	8/8/2000 10:41:46 PM
From: Ed Forrest	Read Replies (1) \| Respond to of 77397

Talk among yourselves girls cause no one is listening or caring.

To: Monty Lenard who wrote (39127)	8/9/2000 12:19:33 AM
From: Ed Forrest	Respond to of 77397

Click Here! Related Quotes CSCO 65 1/2 -3/4 delayed 20 mins - disclaimer Tuesday August 8, 8:17 pm Eastern Time Cisco quarterly results top analyst forecasts (UPDATE: Adds comments from chief executive) By Duncan Martell PALO ALTO, Calif., Aug 8 (Reuters) - Cisco Systems Inc., (NasdaqNM:CSCO - news) the world's biggest maker of computer networking equipment, reported fiscal fourth-quarter profits that topped expectations, paced by strong sales to Internet service providers, cable and telephone companies. It also said its No. 2 executive, Don Listwin, is leaving to head another company. The company said on Tuesday that for the period ended July 29, its profit from operations rose 69 percent to $1.2 billion, or 16 cents a share, compared with $710 million, or 10 cents, a year ago. Sales rose 61 percent to $5.72 billion from $3.56 billion. On that basis, the results topped the consensus forecast of 15 cents a share, according to First Call/Thomson Financial, which tracks company results and analyst estimates. Cisco, which has become a technology bellwether in the last two years, continues to benefit from the torrid growth of the Internet as companies reposition themselves for the New Economy. Especially noteworthy, analysts said, was the stunning sales growth in the quarter. It was the 10th quarter in which sales growth was higher than the year-ago period. ``You often see that with very small companies but to see a company that's doing $5.7 billion in a quarter and doing that 10 times is unmatched,'' said analyst Michael Cristinziano at Gerard Klauer Mattison in New York. ``That's an amazing feat because you're working against the law of large numbers.'' 'CLASS ACT' Cisco is also benefiting, Cristinziano said, from rival 3Com Corp.'s exit from the high-end networking business, where Cisco was already the leader. Its acquisition of optical networking company Cerent, although criticised at the time because of its expense, is working out better than even Cisco would have thought, Cristinziano said. ``Cisco continues to be the class act in terms of technology.'' said John Rutledge, vice president and senior analyst, portfolio manager of Evergreen Technology Fund, which owns Cisco shares. Cisco Chief Executive John Chambers said that sales were balanced across all geographic regions where it sells its wares, its product line and across all its lines of business. ``Every line of business had a strong quarter and almost every product had a strong quarter,'' Chambers said in an interview.