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

To: Mike Fleishman who wrote (21850)	2/3/1999 10:52:00 AM
From: Mohan Marette	Respond to of 77397

I don't know but it could happen and it might.<eom>

To: Mike Fleishman who wrote (21850)	2/3/1999 10:54:00 AM
From: DownSouth	Respond to of 77397

Yes, but not til at least June, imo. Then it will be 2:1.

To: Mike Fleishman who wrote (21850)	2/3/1999 10:55:00 AM
From: Mohan Marette	Read Replies (2) \| Respond to of 77397

Here is a bit more details from Lehman and the reason for increasing the target price. I don't know about you guys but it looks good to me,split or no split. ============================ Wednesday February 3, 10:33 am Eastern Time RESEARCH ALERT-Cisco Systems target raised NEW YORK, Feb 3 (Reuters) - Lehman Brothers said analyst Tim Luke raised his fiscal year 2000 earnings per share estimate to $1.84 from $1.80 and increased the 12-month price target to $125 from $115 on Cisco Systems Inc. (Nasdaq:CSCO - news). -- Says: ''Investors likely to be encouraged by book-to-bill above 1, upbeat conference call outlook and strong new product cycle. Gross margins in line, higher sales and marketing spending of 20.2 percent came in above our estimate. Balance sheet remains in excellent shape.'' -- Cisco reported second quarter earnings per share of $0.36 compared with $0.29 in the year ago period, beating Wall Street's consensus estimate, according to First call, of $0.35 a share. -- Says: ''Execution remains outstanding and while valuation may appear extended, Cisco remains the key long-term beneficiary of Internet infrastructure growth and transition to data centric telecommunications networks.'' -- Maintains buy rating. -- Share price down 1-49/64 at 110-5/8 on the Nasdaq stock market. -------------------------------------------------------------------------------- biz.yahoo.com