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To: patron_anejo_por_favor who wrote (164703)	5/8/2002 5:58:10 PM
From: orkrious	Read Replies (1) \| Respond to of 436258

Herb Greenberg Run Cisco, Run Deep 5/08/02 02:38 PM ET On the surface, it looks like Cisco's (CSCO:Nasdaq) revenues were flat sequentially for the third quarter. But according to a Sanford Bernstein analyst, a review of deferred revenues "reveals gross sales generated in the quarter were down 6% sequentially." The analyst adds: "While the company matched sales expectations and exceeded EPS consensus, we are not convinced that next quarter will mark the turnaround for IT spending." For what it's worth. hg