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


To: Dennis who wrote (15558)8/2/1998 11:12:00 PM
From: Kevin  Respond to of 77400
 
August 2, 1998 - The Right Line Split Report:
Cisco Systems (CSCO) - Imminent Split Candidate. CSCO jumped as high as
100 on Friday before the market took back CSCO's gains on the week as
CSCO finished the week falling 2 points to 95.75. Overall, CSCO is up
over 40 points year to date. We believe that given CSCO's significant
price surge in the past couple of months, CSCO is on target for another
one of their famous 3-for-2 stock split announcements. Our target day
for a split on CSCO is August 4th, the day of CSCO Q4 earnings. CSCO
last two earnings have been a positive 1.6% and 2.5%. CSCO last
announced a 3-for-2 stock split on 11/07/97 when the stock was trading
at 82.5, and currently CSCO is well above that level at 99.75. CSCO's
TRO is 16%.