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

To: Steve Lee who wrote (63266)	5/7/2002 5:50:28 PM
From: 2MAR$	Respond to of 99280

thnx steve 17:45 ET Cisco Systems (CSCO) 13.08 +0.19: -- Update -- On call, company says it expects gross margin for Q4 (July) to be in the low 60% range. It was 63.6% in Q3 (Apr)....Company sees orders to be up 5% sequentially, give or take a percent or two....Book-to-bill was below one. Soft in Feb, in-line for March and April was better than expected. But remember third month always back end loaded....stock at 14.88.