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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: HEXonX who wrote (10794)	12/12/1997 4:29:00 PM
From: Zoltan!	Respond to of 77399

NEW YORK (Dow Jones)--Concerns that finished-goods inventories climbed last quarter pushed shares of Cisco Systems Inc. (CSCO) down 6% Friday in heavy trading. The inventory concerns stem from the company's 10Q filing with the Securities and Exchange Commission earlier this week. Since the filing on Tuesday, Cisco's shares have been weak, falling from Monday's close of 89 3/4 to 76 9/16. Compounding today's losses were SEC reports that several Cisco officers had sold shares in the company during November, analysts and investors said. In the 10Q filing, Cisco reported that finished-goods inventory rose to $69.7 million in the quarter ended Oct. 25, from $21.7 million in the preceding quarter. While higher inventory can indicate slowing sales, analysts by and large did not see signs that end-demand is softening. Instead, they said, much of the inventory buildup was probably of lower-end products designed for use by small and medium-sized businesses. Cisco sells these products through distributors and has been filling the distribution channel to meet growing end-demand. The inventory numbers reported in the 10Q may simply reflect this buildup as well as Cisco's policy of not recording revenue until products sell through to users, analysts said. Still, coming just a week after networking giants 3Com Corp. (COMS) and Cabletron Systems Inc. (CS) warned that they would miss estimates for their November quarters, the Cisco filing unnerved investors. One analyst also suggested that investors may be concerned because the company cautioned in the SEC filing that corporate spending on technology could be shifted from networking equipment to solutions to the Year 2000 problem. The analyst added, however, that this is nothing new and that the company has warned about it in past SEC filings. Cisco's shares also seem to be suffering from general market worries about business in Southeast Asia. interactive.wsj.com!BT12/12++2473!&time=12/12+14:28

To: HEXonX who wrote (10794)	12/12/1997 6:13:00 PM
From: sepku	Read Replies (1) \| Respond to of 77399

>>>Did you hear of any lawsuit against Cisco by LU? Something to do with a copyright imfringement with Stratacom at the time and then Cisco inherited the lawsuit after they bought Stratacom?<<< No I didn't, please inform me if you discover anything to that effect. I wouldn't be surprised though...Stratacom seems to have been a real hemmorhoid for CSCO since day 1 -- inflaming everyday. Too bad for CSCO that ASND snapped up CSCC before they could. CSCC was kicking Stratacom all over the place prior to either was aquired, and nothing's changed...except more orders going to CSCC. The only contract I've seen come out of Stratacom for a while now, is an ATM order out of Australia. Style Pts.