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


To: surfinSteve who wrote (16050)8/16/1998 7:57:00 PM
From: StockMan  Read Replies (2) | Respond to of 77400
 
Re -- This tends to give the impression that these guys are trying to time the market

Selling of this magnitude could mean that CHAMBERS feels that the HYPE (voice/data convergence happening tomorrow) is not being BOUGHT anymore, and that would leave Cisco with a saturated Enterprise market, and SLOWING GROWTH and PROFITS.

Consequently, anyone would BAIL OUT, and CHAMBERS is doing just that. Getting OUT while the going is good!!

Stockman