CISCO Systems

   NEW YORK, Nov 10 (Reuters) - Warburg Dillon Read said Wednesday it kept its buy rating on data networking company Cisco Systems Inc.
  -- raised fiscal 2000 and 2001 earnings-per-share estimates to $0.98 and $1.20 from $0.96 and $1.16, respectively.
  -- price target $100.
  -- Credit Suisse First Boston analyst Paul Weinstein said Cisco "should continue to be owned as sentiment on Y2K should become more positive."
  -- Cisco reported fiscal first-quarter earnings that beat Wall Street forecasts.
  -- shares closed at 74-1/4.
  ((-- Wall Street desk, (212) 859-1730, fax (212) 859-1739))

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Wednesday, 10 November 1999 14:58:56
RTRS [nN10591808]

   NEW YORK, Nov 10 (Reuters) - SG Cowen and Banc of America both said they raised on Wednesday their respective price targets on Cisco Systems Inc. to $90 a share from $80.
  The revisions follow better-than-expected first-quarter earnings of 24 cents a share and improved sales to Internet service providers.
  -- SG Cowen raised its fiscal 2000 earnings estimate to $1.00 a share from 99 cents, while Banc of America raised its estimate to 99 cents from 98 cents.
  -- SG Cowen raised its fiscal 2001 earnings estimate by 5 cents to $1.30 a share, while Banc of America raised its estimate by 3 cents to $1.28 a share.
  -- Shares trading at 78-9/16, up 4-3/8, on Nasdaq.
((Derek Caney, New York technology desk, 212-859-1860))

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Wednesday, 10 November 1999 15:46:50
RTRS [nN10595911]