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

To: Peppe who wrote (14315)	5/29/1998 5:13:00 PM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 77400

Peppe... Do you really need to provoke Stockman? Again? Sigh (g) DJ

To: Peppe who wrote (14315)	5/29/1998 11:05:00 PM
From: MikeM54321	Respond to of 77400

>Cisco Systems (CSCO) fell 1 7/8 to 75 5/8 after CEO John Chambers said the computer-networking giant will have troubling maintaining its growth rates unless Asia's economies rebound. Chambers said the economic turmoil in Asia has made him "cautious'' about the next 18 months.< Does anyone know what time Chambers made this statement? Did anyone else pick this up? 18 months is a long way out. That is the most surprising part to me. I believe Chambers is the networking CEO who's pretty much associated with statements about 30-40% annual growth rates. Sounds like he may be backing off this a little. On top of the Bay news, and Merced news, it doesn't bode well for the tech stocks next week (IMVHO). MikeM(From Florida)