Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: couldawoulda who wrote (27325)	11/6/2000 6:20:49 PM
From: Sector Investor	Respond to of 42804

Message 14739692 Message 14739698 Message 14739703 Message 14739708 Message 14739713 Message 14739721 Message 14739832

To: couldawoulda who wrote (27325)	11/6/2000 6:22:43 PM
From: James Calladine	Read Replies (2) \| Respond to of 42804

CISCO UPDATES (briefing) <<<Cisco Systems (CSCO) 56 1/2 -1/4: -- Update -- On conference call, continues to expect fiscal 2002 sales growth of mid-to-upper 30% range; stock rebounds to 55 in after hours trade. Cisco Systems (CSCO) 56 1/2 -1/4: -- Update -- On conference call, company ups full fiscal year 2001 estimate by $0.02 from current consensus of $0.71-$0.81. Cisco Systems (CSCO) 56 1/2 -1/4: -- Update -- On conference call, company ups rev outlook for JanQ01 to high single digit/ low double digit sequential growth and for all of fiscal 2001 to 50-60% yoy, gross margins to decline 50 basis points per qtr; stock currently trading at 51 5/8. Cisco Systems (CSCO) 56 1/2 -1/4: -- Update -- On conference call, company lists concerns 1) component supply/lead times could be an issue, 2) competition - seeing hundreds of start-ups, however, enterprise and service providers are trending towards the larger players, 3) economic - if economy slows, would expect slower cap-ex spending, 4) service provider spending - seeing spending slowing in US for circuit/voice/IP, however, network spending will be affected to a lesser degree; gross and operating margins were 63.5% and 25.5%, in-line on gross margin but CSCO expects it will continue to decline as it was 64.0% in JulQ, operating margin a bit shy of the Street's expectation of around 26.1%; stock trading at 51 1/2 after hours on heavy volume.>>> Best wishes, Jim