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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (1179)	9/14/2000 7:56:02 AM
From: Dealer	Read Replies (1) \| Respond to of 65232

CSCO--Cisco Systems eases in pre-market VersaTel powers higher; stock futures eke out gains By Tomi Kilgore, CBS.MarketWatch.com Last Update: 7:11 AM ET Sep 14, 2000 NewsWatch Latest headlines NEW YORK (CBS.MW) - Shares of Cisco Systems eased in pre-market trading Thursday, giving back some of Wednesday's 4-percent surge. Today on CBS MarketWatch Earnings jitters keep markets volatile J.P. Morgan and Chase: Big deal, but is it big enough? GM doubles stake in Suzuki Motor, gets board seat Earnings Surprises: Fatbrain, Great Plains and more Market, analysts look for tame August retail sales More top stories... CBS MarketWatch Columns Updated: 9/14/2000 12:39:24 AM ET Cisco (CSCO: news, msgs) slipped 31 cents to $61 in Instinet. On Wednesday, the shares rallied $2.44 on volume of 75.4 million shares, making it the day's most active stock. On average, about 48.8 million shares change hands in a day. The move higher was attributed to comments made by the chief executive of Juniper Networks, Scott Kriens. At a Dain Rauscher Wessels conference in Arizona on Tuesday, Kriens confirmed he made the following comments: "Cisco is the competition. I'll give you this stock advice: this is not one of the stocks I'm selling, personally." said Kriens. He added that there was plenty of growth in the Internet router market for both companies. Among other stocks seeing early activity, The Netherlands-based VersaTel Telecom (VRSA: news, msgs) charged $2.50 higher to $28.25 in Instinet. Stock futures edged higher in the early going, indicating a slightly positive open to U.S. markets. December S&P futures (WP=Z0: news, msgs) added 0.80 to 1,508.30. That was about 1/4-point above fair value, according to figures provided by HL Camp & Company. Nasdaq 100 futures (AH=Z0: news, msgs) gained 13.00, to $3,818.00.