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


To: soylent who wrote (13238)4/9/1998 2:47:00 PM
From: JRH  Respond to of 77399
 
<NAR>
I believe I understand why research firms are lowering estimates for CSCO for the future. Hambrecht and Quist announced that they too are lowering estimates today. The reason? CSCO is spending more money hiring people and more on R&D, just like Chambers said last quarter. Nonetheless, they maintain a STRONG BUY recommendation on the stock. That is probably the reason why Glenn Rudolph has been able to publish all those lowered estimates reports....

Looks like ASND got the contract to build GTE's Frame/ATM network. Bummer...for GTE!!

CSCO Long,
JRH



To: soylent who wrote (13238)4/9/1998 2:50:00 PM
From: John Bloxom  Read Replies (2) | Respond to of 77399
 
That's nice to see. Big players have been dumping on the issue all day. Maybe this will make 'em quit for a while.

Regards,

John



To: soylent who wrote (13238)4/9/1998 3:34:00 PM
From: Ibexx  Read Replies (2) | Respond to of 77399
 
soylent,

Thanks for the Briefing update.

Question: target price of $77 in what timeframe? 6 or 12 months?

Thanks in advance.

Ibexx



To: soylent who wrote (13238)4/12/1998 3:04:00 PM
From: primepower  Read Replies (1) | Respond to of 77399
 
I don't believe that layer 3 switches will not hurt Cisco. They will be one tenth the price of current Routers and because of competition the margins will be much lower.
Cisco makes very high margins (70% +) on their current Router products.
I believe the savy investors are starting to recoginze this and are quitely unloading the stock.