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Strategies & Market Trends : Don't Drink the Kool-Aid Kids -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (92)	3/12/2001 11:41:23 AM
From: John Pitera	Read Replies (1) \| Respond to of 1063

Robertson stephens really bringing out the ax on CSCO. I guess ERICY is not helping the cell phone sector either 07:14 ET Cisco Systems (CSCO) 20 5/8: Robertson Stephens downgrades to MKT PERFORM from LT ATTRACTIVE, as it now appears that CSCO's outlook is even weaker than firm expected. Believes that there is still near term downside in stock, with possibility of CSCO returning to valuation levels approaching the 20x earnings traded in the 1990s. Says Cisco has never before seen this combination of poor economic outlook and loss of competitive advantage.