Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

CS First Boston Spares Cisco Rating

CS First Boston cut estimates on Cisco Systems (CSCO) but maintained its buy rating.

Analyst Lissa Bogaty says she cut the $0.11 Q3 EPS estimate to $0.07, cut the $0.13 Q4 to $0.11, reduced the $0.60 fiscal 2001 estimate (July) to $0.53, and trimmed the $0.75 fiscal 2002 estimate to $0.70. She maintained her buy rating, believing that Cisco has the ability to grow 25%-30% on top line, but thinks investors won't likely give the company credit for this until there is greater visibility. For now, Bogaty continues to expect investors to discount

a growth rate at the lower end of the 20%-25% range, which does not,

by her calculations, imply much downside from here.

blog comments powered by Disqus