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

To: JC Reddy who wrote (25400)	5/11/1999 6:43:00 PM
From: bgg	Respond to of 77399

Huh? Last quarter, CSCO reported 24% EPS growth.

To: JC Reddy who wrote (25400)	5/12/1999 12:56:00 AM
From: Mike M	Read Replies (2) \| Respond to of 77399

EPS growth rate is 26.8% - that's what I see from the report. Exactly....this may be a great company (problems w/ATM notwithstanding),...but if this isn't a clear cut case of the stock price being way out ahead, especially with interest rates ready to push 6%, then I don't know what is....A lot of buys at 116 on instinet this evening, what if stock reverses and trades below 110 some time tomorrow... My guess is those buys were short term and had little conviction (or they would have been made before earnings announcement).... Tomorrow will be interesting....If the price surge holds, I will be surprised.