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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (58864)8/5/2003 4:48:08 PM
From: Sully-  Read Replies (1) | Respond to of 65232
 
Have a great trip Rick.

16:39 ET Cisco Systems earnings growth (CSCO) 18.86 -0.40: -- Update -- On the call, management states that future earnings growth will driven by topline growth -- suggests that more acquisitions are ahead.



To: RR who wrote (58864)8/5/2003 5:31:07 PM
From: Sully-  Read Replies (1) | Respond to of 65232
 
17:24 ET Cisco Systems releases guidance (CSCO) 18.86 -0.40: -- Update -- Revenues are expected to be up 2-4% Margins are forcasted to be 67- 69% Operating expenses up 2-3% in terms of dollars.

FWIW, the immediate reaction to this was to take CSCO down
further (about 1.5% lower). Currently trading @ $17.68.


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