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

To: mrknowitall who wrote (14371)	6/3/1998 6:28:00 PM
From: Zoltan!	Read Replies (2) \| Respond to of 77400

The tough part will be leasing the direct connections to customers from local phone companies. Sprint executives Tuesday acknowledged that a single line today might cost as much as $50 per month to lease. And the Bells are notorious for dealing slowly with requests for line connections from new entrants to their local markets. Even so, Sprint is the first carrier to redefine phone service as most customers now know it, said John Chambers, chief executive of the Internet networking company Cisco Systems Inc. Speaking via videotape at the Sprint press briefing, Mr. Chambers noted that "Those who understand [the move toward streamlined networks] will be leaders," he said. "Those who don't will be left behind." In a major coup for a data-networking company, Cisco will act in the future as the primary supplier and supervising vendor of the Sprint network, replacing telecom leaders Northern Telecom Ltd. and Lucent Technologies Inc., Sprint executives confirmed. interactive2.wsj.com