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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 26.810.0%Dec 17 8:10 PM ESTNews

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To: Paul Reuben who wrote (40305)10/3/2000 9:39:05 AM
From: The PhoenixRead Replies (3) of 77270
 
More on the new plant... and comments about the backlog...

dailynews.yahoo.com


Separately, Redfield said that the quadrupling of Cisco's backlog as of last Monday to $3.83 billion from a
year-earlier $922 million was not so much a result of components shortages that have wreaked havoc in high
technology, but rather a consequence of strong demand.

``In some cases, some of our products have been in such strong demand we have under-forecast that demand,''
Redfield said. ``Some companies have had shortage problems. In our case I think we've had increases in
customer demand that have been tremendously great and we're just climbing to meet that backlog.''

Redfield said the company is doing well at nibbling away at the backlog.

``We're going to catch up with that backlog pretty damn quick, too,'' Redfield said.
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