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

To: Islander who wrote (18822)	11/4/1998 4:46:00 PM
From: Tom_	Respond to of 77397

What about diluted? eom

To: Islander who wrote (18822)	11/4/1998 4:47:00 PM
From: Peppe	Read Replies (1) \| Respond to of 77397

38 % y/y growth !! Awesome ... peppe

To: Islander who wrote (18822)	11/4/1998 4:49:00 PM
From: Bull-like	Read Replies (2) \| Respond to of 77397

I believe that the Street will be happy about the growth of revenue (~28%). Everything else is expected, including beating the estimate by a penny. Long-term (1-2 yrs out), the analysts (yes, that includes Cramer) are just background noise, they normally pretend they know more than you do. They want to keep their jobs, that's why they issue upgrades and downgrades. Da bull

To: Islander who wrote (18822)	11/4/1998 4:53:00 PM
From: Grabs	Read Replies (1) \| Respond to of 77397

Got this article off Bloomberg - it gives some insight into the earnings release: Cisco's 1st-Qtr Profit Rises 34%: Earnings Instant Insight <Picture> Expected Market Reaction Limited Rise. Cisco Systems Inc.'s profit before charges for the fiscal first quarter rose 34 percent to $559.0 million, or 34 cents a share, from profit before a gain and a charge of $415.7 million, or 26 cents, a year ago. The year-earlier figure is adjusted for two 3-for-2 stock splits, in December 1997 and September 1998. The No. 1 maker of computer-networking equipment was expected to earn 33 cents a share for the quarter ended Oct. 24, the average estimate of analysts polled by First Call Corp. Behind the Numbers Revenue rose 38 percent to $2.59 billion from $1.87 billion, buoyed by strong sales of the company's switches and so-called remote access equipment, used to link computers to corporate networks and the Internet. Cisco controls more than 70 percent of the market for networking equipment sold to large businesses. As its sales growth slows in the corporate market, it's also pushing into the telecommunications market with products to help phone companies handle booming data traffic. What the Experts Say: ''They're doing what they have to (to) maintain their growth rate,'' said Art Bonnel, portfolio manager of the Bonnel Growth Fund, which owns more than 40,000 Cisco shares. Previous Market Reaction Cisco shares gained 3.9 percent to a split-adjusted 64 1/2 on Aug. 5, the day after the company said fiscal fourth-quarter profit before a charge rose 36 percent, topping analysts' forecasts by a penny a share. Market Performance The shares have surged more than 70 percent this year, bringing Cisco's market value to about $100 billion. Cisco rose 2 3/16 to 65 9/16 today.