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

To: chitchat who wrote (15804)	8/6/1998 2:59:00 AM
From: Trina	Respond to of 77400

" I cant understand your reasoning except the fact that the stock is doing extremely well. There is "herd mentality" going on NASDAQ." The stock is doing extremely well 'cuz the company has delivered extremely for well for last 34 consecutive quarters. CSCO expects continued growth in data networking. CSCO is also well positioning in the communications holy grail known as convergence. According to San Jose Mercury News, "Convergence is the widespread assumption that voice traffic, digital data and video will all be transmitted on a single network, and that the systems will be based on Internet Technologies that break messages of whatever type into small containers, called "packets", for transmission over the network". CSCO wants to dominate this converged world and it is expanding into traditional telephone equipment market. A few years down the road, you will see a virtual central office offering voice, data and video. /Trina