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


To: sepku who wrote (12985)3/19/1998 2:10:00 AM
From: NYKnick  Respond to of 77400
 
To All :

Here is an excerpt from an article on thestreet.com regarding Jabil and its affect on CSCO :

Jabil Circuits president Tom Sansone gave his take on networking in a conference call Tuesday evening: "The communications segment is expected to decline modestly in the near term, due to lower production levels related to transition into new products for some customers."
Sansone said Jabil's business will also be nipped because some customers are trying to trim their large inventories of finished products. This probably is 3Com, because Cisco keeps very low inventories with Jabil. And the products that turn quickly are still in high demand, according to Sansone.

NYK