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

To: Dragonfly who wrote (24577)	4/22/1999 10:44:00 PM
From: Glenn D. Rudolph	Respond to of 77397

CSCO: OLDE DISCOUNT decreased estimate for quarter ending 04/99 from $0.38 to $0.37 on 04/21/99 CSCO: OLDE DISCOUNT has reiterated estimate for quarter ending 07/99 of $0.40 on 04/21/99

To: Dragonfly who wrote (24577)	4/23/1999 2:06:00 AM
From: Eric	Respond to of 77397

Dragonfly I think it's because the stock price grow rate has slowed down and the Board probably wants the stock to be trading in the 90 to 130 a share range as it gets a higher market cap. Microsoft has been working into this range for years and I think it adds to it's stability. (If you can say Tech stocks are stable!) The growth rate you mentioned is very possible. The company's growth rate has accelerated in the last year and a half. Eric