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To: Johnny Canuck who wrote (32213)	5/9/2001 3:09:03 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68426

Cisco Systems (CSCO) 19.33 -1.05: -- Update -- This afternoon, CSFB modestly raises estimates and price target following Q1 earnings; reports that from their perspective nothing worse in the numbers than expected, a few marginally positive comments, as well as signs that suggest the company may have held back a little in the quarter. Firm thinks investors will focus on the positives for the quarter and view results as partly sunny, not partly cloudy; price target jumps to $25 from $20, cautions that stock could pause before resuming upward trajectory Prudential on EMS Stocks : Prudential downgrades SCI Systems (SCI) and Plexus (PLXS) to HOLD from ACCUMULATE due to view that upside will likely be limited by current valuations; maintains Strong Buys on JBL, FLEX, CLS. Firm continues to be positive on long term prospects for the EMS industry given secular trend toward outsourcing, signs of stabilization inend demand for some product categories, and outlook for improved inventory turns throughout the year; however, the strong run that firm's top tier EMS companies have had since early April has significantly outpaced the improvement in fundamentals; as a result, expects some near term weakness for the group.