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


To: Mephisto who wrote (42092)11/1/2000 7:25:04 PM
From: VegasMan  Read Replies (1) | Respond to of 77400
 
FWIW:

RESEARCH ALERT - Cisco Q1 seen as "strong"

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NEW YORK, Nov 1 (Reuters) - Goldman Sachs on Wednesday said
it sees a "strong" first quarter, expected Nov. 6, from Cisco
Systems Inc. on an expected surge in revenue.
Goldman Sachs, which is keeping the Internet networking
equipment maker on its recommended list, said it believes
revenue growth will again accelerate, which would give the
company 11 consecutive quarter of improved sales.
The brokerage said its first quarter revenue estimate of
$6.3 billion would equal 10 percent sequential growth and a 62
percent increase from the same quarter last year.
Earnings per share are expected to reach $0.17 a share,
which would raise sales 8 percent sequentially and 43 percent
from the year ago.
Shares were trading at $52-7/8, down $1, on Nasdaq in early
morning dealings. The company's 52-week high and low was $82
and $34-15/16, respectively.