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To: Cary Salsberg who wrote (325)4/25/2002 10:27:58 PM
From: puborectalis  Read Replies (1) | Respond to of 13403
 
Cisco Systems (CSCO) 14.60 +0.17: Lehman Brothers is optimistic about CSCO's qtr in their Q3 preview today and shares bounce back 1% from a 5-day slide. Firm suggests that, against a challenging macro backdrop, CSCO may deliver flattish sales broadly in line with their est of $4.84 bln with EPS of at least $0.09 (consensus); rates visibility as limited but believes guidance of flat to up slightly (+0% to +3%) for fiscal year end qtr is achievable. Lehman expects investors will be somewhat encouraged by CSCO holding its own in a tough environment and maintains their Strong Buy rating; co. is scheduled to report 5/7.