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


To: Softechie who wrote (49244)4/9/2002 6:12:21 PM
From: Softechie  Respond to of 99280
 
Cisco Systems (CSCO) 15.21 -0.97: Stock plummeting 6% on est cuts at RBC Capital Mkts (see In-Play for comment); lukewarm note from Soundview partially contributes to fall. Recent field checks indicate a slight Mar rebound following sluggish trends in Feb but firm concedes "we continue to see mixed data points heading into the final 3 weeks of Apr:" checks also indicated budgetary caution in comm equip spending. Overall, Soundview believes CSCO can post modest revenue growth in the vicinity of 2%.