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

To: JeffT who wrote (17702)10/5/1998 11:52:00 AM
From: Clint Todish  Respond to of 77400
 
>>
I agree with your assessment, if thats all the news out there. Maybe someone in the know has heard about a revenue shortfall??? This seems to be too big a drop to be just a downgrade or FTC related.

Jeff Tarver
<<

I wouldn't think the FTC announcement would not make that much
difference. Look at MSFT and their legal stuff - no major
impact to their market cap. Seems to be just panic sell off
- any reason will do - especially during the 'dark month'
in a skiddish market.

-C



To: JeffT who wrote (17702)10/5/1998 11:53:00 AM
From: DiB  Read Replies (3) | Respond to of 77400
 
From CNN.com:

"Meanwhile, selling was even heavier among major technology issues led by a 6-1/32-point, or 10.8-percent drop in Cisco Systems [CSCO] to 49-23/32 after the company said it will take a charge of 2 to 4 cents a share as a result of its purchase of American Internet Corp."


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