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

To: The Phoenix who wrote (17135)	9/17/1998 3:23:00 AM
From: jach	Read Replies (3) \| Respond to of 77397

Cisco short term will likely go down based on the following facts: 1. Juniper product seems to be good and can take some revenue out of the very profitable 12000 line 2. In Cat5000 enterprise arena; 3Com, Bay, and a host of othet GB startups are squeezing margins out of Cisco; based on their products shipment news it seems that some GB starups getting some significant contracts in the enterprise switch market 3. In the WAN SP field, Ascend 500/550 and FORE 4000, at this point are more powerful than the current csco ATM switches These are also the key revenue generating areas for csco. IMO, csco will be a good buy in the range of 51$ to 55$ for normal mkt condition and if mkt is very weak it will be 45-50$ range.

To: The Phoenix who wrote (17135)	9/17/1998 1:14:00 PM
From: djane	Respond to of 77397

Lucent Tells Analysts It's Comfortable With 1998 EPS Estimates news.com Bloomberg News September 17, 1998, 8:47 a.m. PT Lucent Tells Analysts It's Comfortable With 1998 EPS Estimates Murray Hill, New Jersey, Sept. 17 (Bloomberg) -- Lucent Technologies Inc., the top seller of phone equipment in North America, told analysts it's comfortable with fiscal 1998 earnings estimates. Lucent, which is holding an all-day meeting with analysts, is expected to earn $1.70 a share for the year ending September 30, the average estimate of analysts polled by First Call Corp. For fiscal 1997, Lucent had a profit before charges of $1.51 billion, or $1.17 a share, adjusted for a two-for-one stock split. Lucent has beaten profit estimates every quarter since its spinoff from AT&T Corp. in 1996, primarily by boosting sales at a fast clip and keeping a lid on costs. Lucent's profit is rising as customers in the U.S. and overseas order more switches and software to handle mushrooming Internet traffic. ''They're extremely bullish,'' said Albert Lin, industry analyst at The Abernathy Group who is attending the meeting. ''They implied growth rates for the next three years out will be improved versus what they said last year.'' Murray Hill, New Jersey-based Lucent said its outlook includes the negative impact some companies are seeing from Asia, Russia and Latin America. --Colleen McElroy in the Princeton newsroom (609) 279-4069/esk Copyright 1998, Bloomberg L.P. All Rights Reserved. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities. Copyright 1995-98 CNET, Inc. All rights reserved.