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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (32115)	2/22/2002 8:31:53 AM
From: Softechie	Read Replies (1) \| Respond to of 99280

CSCO Cisco Systems: UBS lowers ests, cuts price target (15.11) UBS Warburg lowers 2002-03 ests on CSCO due to channel checks indicating a lack of meaningful pick up in the U.S. enterprise market, continuing weakness in carrier capex spending, and delays in decision-making on next-gen SONET RFPs; maintains Buy rating, but lowers price target to $21.50 from $23.50. Separately, Goldman Sachs initiated coverage on CSCO last night with a Mkt Outperform rating (see 9:35 PM comment).