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To: Bob Kimball who wrote (14083)	2/25/1998 6:33:00 PM
From: Mang Cheng	Read Replies (1) \| Respond to of 45548

A negative article on csco from wsj today : "But lately some investors appear to be getting wary of Cisco. Foster Friess's Brandywine Fund dumped its entire position of over five million shares in December, according to Vickers Stock Research. The Fidelity Growth Company fund likewise sold about 1.8 million shares -- more than half its 3-million-share holdings -- in November, while Provident Investment Counsel unloaded about 1.2 million shares out of the approximately 3.2 million it held in December, Vickers' data shows. Both United Income Fund and Ark Asset Management sold at least half their Cisco holdings during that time, too. "Selling by company insiders appears to be picking up as well. This month, vice president Edward Kozel, Cisco's chief technical officer, filed with the Securities and Exchange Commission to sell 100,000 shares, while officers Gary Daichendt and Carl Redfield declared that they would sell about 85,000 and 50,000 shares, respectively, according to Federal Filings. When asked about these and other intended sales, Cisco spokesman Bob Michelet said, "As you know, executives have a narrow window to sell shares, and we encourage them to broaden their personal portfolios." Message 3521038 Mang