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

To: Paul Reuben who wrote (40305)	10/3/2000 9:39:05 AM
From: The Phoenix	Read Replies (3) \| Respond to of 77400

More on the new plant... and comments about the backlog... dailynews.yahoo.com Separately, Redfield said that the quadrupling of Cisco's backlog as of last Monday to $3.83 billion from a year-earlier $922 million was not so much a result of components shortages that have wreaked havoc in high technology, but rather a consequence of strong demand. ``In some cases, some of our products have been in such strong demand we have under-forecast that demand,'' Redfield said. ``Some companies have had shortage problems. In our case I think we've had increases in customer demand that have been tremendously great and we're just climbing to meet that backlog.'' Redfield said the company is doing well at nibbling away at the backlog. ``We're going to catch up with that backlog pretty damn quick, too,'' Redfield said.