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

To: Omaha Investor who wrote (11103)12/20/1997 10:48:00 AM
From: LWolf  Respond to of 77400
 
Following research alert indicates Cisco strength, at 3Com expense.
RESEARCH ALERT - 3COM (NASDAQ:COMS) 1998 EPS VIEW CUT [Reuters, 123 words] Summary: NEW YORK, Dec 19 (Reuters) - Gruntal & Co said Friday it lowered its fiscal 1998 earnings estimate on 3Com Corp to $0.88 per share from $1.23. -- 3Com's second-quarter results were in line with recently reduced Wall Street estimates. -- Gruntal assumes modest sequential gains in the systems business, but sees Cisco Systems Inc (NASDAQ:CSCO) gaining market share, some of which will be at 3Com's expense.
For the full text of the article, go to:
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L. Wolf



To: Omaha Investor who wrote (11103)12/21/1997 12:09:00 AM
From: sepku  Read Replies (1) | Respond to of 77400
 
>>>CSCO is always the first to rebound in the recent market turmoil.<<<

CSCO hasn't even fallen yet -- it has no room to rebound. That's why I'm short. Ride it down, reverse to long. CSCO can crash and burn or fly to the moon...makes no difference to me.

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