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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (13577)8/6/2002 5:12:36 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 17639
 
17:01 ET CSCO Cisco Systems (12.07 +0.71) -- Update --
On call, company says book-to-bill was approximately one while inventory turns improved to 7.1x vs 4.6x last year... Sequential product order growth was up in single digits. Seeing weakness in telecom services, especially outside the US... stock at 12.29.




16:51 ET CSCO Cisco Systems (12.07 +0.71) -- Update --
On its conference call, company says it will certify 10-K filing when it is filed in late September, in accordance with the new Sarbanes law... stock moves up by $0.20 on this disclosure to 12.21.



To: Alan Smithee who wrote (13577)8/6/2002 5:42:20 PM
From: MulhollandDrive  Respond to of 17639
 
>> IMO, its a throw-away<<

i agree...i think the point is though, at least the word is out there that serious consideration is being given to new treasury initiatives.


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