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

To: jach who wrote (17352)	9/24/1998 2:10:00 PM
From: Devil's Advocate	Read Replies (1) \| Respond to of 77398

jach, Do you have a link to WSJ Smart Money article? Thanks.

To: jach who wrote (17352)	9/24/1998 3:40:00 PM
From: The Phoenix	Read Replies (1) \| Respond to of 77398

Jach, I hope you're right about Cisco going to 50-ish. I'll load up the truck there. Unfortunately I don't think it's going to happen anytime soon. As for annoucements...you're right Cisco hasn't made any signficant "announcement" since early September. But, don't believe for a second that having no announcement translates into no large deals. Cisco is smart. Why make a signficant announcement in a down market. They're holding 'em. ;) OG

To: jach who wrote (17352)	9/24/1998 5:19:00 PM
From: bgg	Respond to of 77398

Jach -- Please stop. You are displaying a complete lack of understanding of the networking industry. If Cisco announced every major contract, there wouldn't be enough trees on earth to print the press releases. You assume that very player announces every major deal. Not the case at all, although smaller players like FORE and ASND are compelled to announce every single big deal to try and grab a little of the spotlight away from Cisco.

To: jach who wrote (17352)	9/24/1998 6:10:00 PM
From: mrknowitall	Read Replies (1) \| Respond to of 77398

jach: re: "no significant large contracts since beginning of this month," Do you have some details? Sources? I find that claim just far out enough that I have to ask you on what you base it. Mr. K.

To: jach who wrote (17352)	9/24/1998 11:30:00 PM
From: J. P.	Read Replies (1) \| Respond to of 77398

<CSCO target price by WSJ Smart Money is 46$> < WSJ Smart Money> Perhaps an oxymoron. Only a masochist would short Cisco, particularly with the Nasdaq still sitting below or near the 200 day moving average, and a Fed ease just around the corner! You watch, when the Nasdaq pops, the first stocks to pop big with it will be Cisco, Microsoft, Dell. Why own a secondary like Fore, Ascent, Coms, when you can have the creme de la creme CISCO? Look at a COMS chart and you see volatility and little investor return, look at the Ascend pain when they hit 24 last winter and many people bailed and lost huge amounts of money. FORE is a low priced stock. Now overlay a CISCO chart over the same period, nuff said. This doesn't have to be so difficult. The best keep getting better and the rest lag the field. Its a matter of outstanding management within a niche with huge growth potential. (See also DELL).

To: jach who wrote (17352)	9/25/1998 3:17:00 AM
From: jach	Read Replies (3) \| Respond to of 77398

<Thursday September 24, 4:54 pm Eastern Time Cisco still plans Asia expansion - CEO WASHINGTON, Sept 24 (Reuters) - Leading computer network equipment maker Cisco Systems Inc. plans to expand its staff substantially in Asia over the next six months despite the region's current economic crisis, Cisco President John Chambers said on Thursday. ''I believe you gain market share when you catch markets in transition,'' Chambers said at a conference sponsored by Business Week magazine. Cisco more than doubled it staff in Asia over the past six months and will add another 30 percent in the next six months, he said. ''Whether their economy recovers in two years or in five years, we'll be positioned well,'' he added. The company had about 425 staff members in Asia in July, up from 175 at the end of 1997. Earlier this month, Chambers toured Asia and met with Chinese President Jiang Zemin and leaders in Singapore, Malaysia and Hong Kong. For the quarter ended July 25, Cisco's sales in the region declined to seven or eight percent of the company's total sales from about 17 percent back in 1997. Overall sales for the quarter rose 35 percent to $2.4 billion.>> -------------------------------------- imo, with substantial increase in staff compounding the negativity of reduce asia sales (which is not going to pick up soon, although great for the future, may be five yrs later) will very likely reduce the earnings and margin for the asia sector. Also, europe and latin america mkts are weak as we have seen from europoean based telecom and datacom companies, therefore addition to this negativity is europe and latine america softness that unfortunately will not help make up for the loss in asia. What's left are the americas and canada; canada economy is also not doing well; and finally here in US - what we've are all these sector companies lined up and taking serious shots at csco mkts with their latest products that were being developed during the last two yrs - if one sits back and thinks through all of these facts, one will see that csco margin and earnings can be hurt, if not this qtr becasue of backlogs, imo, next qtr. Again, this is the analysis, imo, and in weak mkt conditions, agree with smartmoney magazine buy target price of 46$

To: jach who wrote (17352)	9/25/1998 10:57:00 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77398

Jach, the only way I would agree with Smartmoney's assessment is if Cisco missed their earnings estimate. However, Cisco has only missed once in the 8 or so years it has been a public company and they have not warned that they would miss this quarter. In fact, Chambers has stated that he is comfortable with 30-50% growth going forward. Hoping Cisco will miss at this point is like believing in the tooth fairy. I hope you aren't short. This stock will not have a significant retrace for awhile. Also, one reason why alot of the people on this thread don't really credit shorting this stock or even selling to get in at a lower price is that most of the long termers here bought our shares at a split adjusted $20 or below. So if Cisco does take a hit, we like it because we just buy more. Good luck.