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

To: Eric who wrote (39658)	8/23/2000 4:13:01 PM
From: Eric	Respond to of 77400

Business Wire - Wednesday, August 23, 2000 NEW YORK--(BUSINESS WIRE)--Aug. 23, 2000-- NOTE: This money manager interview is presented with the aforementioned company's full knowledge and permission. Stephen Humphrey, Investment Team Leader for Lord, Abbett & Co., examines portfolio management strategies in this timely and deeply informative 5,300-word interview from The Wall Street Transcript (212/952-7433) or twst.com. In a valuable review of investing strategies, Stephen Humphrey explains his approach to managing money and offers specific stock recommendations. Humphrey reports, "We don't worry so much about the multiple; we worry about the fundamental performance. We like companies that beat the socks off the competition, and we'll let the stock price take care of itself. I've been managing money for over 20 years, and over that period of time I think I've identified ways of knowing the best-in-class type of companies." Humphrey highlights Cisco (Nasdaq:CSCO), "Cisco tends to be a model of the type of company that we like to own. Cisco is strong in most of the types of metrics that we look for: strong, consistent and accelerating sales and earnings growth, and essentially the company dominates its traditional markets. Cisco makes routers, switches, concentrators and hubs supported by packet switch technology, and we couldn't really have an Internet without Cisco, which has proved its mettle utilizing the de facto standard profit model which has as its underpinning network economics." To obtain this insightful 5,300-word report, call 212/952-7433 or see twst.com. The Wall Street Transcript is a premier weekly investment publication interviewing market professionals for serious investors for over 37 years. The Wall Street Transcript has launched a new free service where investors can ask the above company (or any public company) a question at qawire.com. The Wall Street Transcript does not endorse the views of any interviewee nor does it make stock recommendations. CONTACT: The Wall Street Transcript, New York Peter McLaughlin, 212/952-7433 twst.com TICKERS: NASDAQ:CSCO