Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lizzie Tudor who wrote (18868)	11/4/1998 7:50:00 PM
From: Mark Sagarin	Read Replies (1) \| Respond to of 77397

Would somebody please post the replay phone number for the Cisco Conference Call, thanks!

To: Lizzie Tudor who wrote (18868)	11/4/1998 11:17:00 PM
From: LindyBill	Read Replies (1) \| Respond to of 77397

Well I found out what happened to Stockman. These guys on the Clinton thread went running to the SI police and had him banned. I am really sorry to hear that! He was a deliberate jerk. I always felt his whole purpose was to annoy people. But after two months of jach, I would be happy to have him back!

To: Lizzie Tudor who wrote (18868)	11/5/1998 12:41:00 AM
From: jach	Read Replies (4) \| Respond to of 77397

from csco qtr report: ---------------- The company's gross margins, however, fell from last quarter. Gross margins were 65.5 percent vs. 65.7 percent last quarter due to product mix changes and lower pricing from competitors, Cisco executives said. Local Access Network switching price cuts in particular hurt gross margins, the company said. Gross margins will likely continue to decline over the next few quarters as competitive pricing continues, Cisco said. -------------- As predicted earlier, competitive pressure in GBit LAN segment is true, margins are down. Going forward, gross margins will continue to decline over the next few qtrs. This is true also as predicted, softness going forward. Near term csco may go a little higher. IMO, csco is way too high now. Target price based on 35% growth is 1.50$x35 = 52.5$. If csco comes down to about about 50$, it's a buy. Now, it is the time to sell this stock.