1. Analysts and investors said the maker of computer networking equipment told them that profit margins and sales will pick up later this fiscal year. 2. Analysts expect sales of networking equipment to pick up later in the year as corporations decide which new microprocessors and networking technologies they will use. 3. At Bay Networks, Sachs oversaw the business group that sells networking equipment to telecommunications firms. 4. ADC Telecommunications, which makes transmission and networking equipment for voice, data and video, fell for a second day. 5. By far the largest increase in short interest was in the shares of Cisco Systems Inc., a maker of computer networking equipment. 6. Chambers said that Cisco intended to be one of the independent makers of networking equipment left standing after the industry consolidated into a handful of players. 7. Cisco Systems Inc., the maker of data networking equipment, will provide high-speed communications equipment that uses an advanced sort of technology known as asynchronous transfer mode. 8. Chairman Louis Gerstner has focused on high growth businesses, such a services, software and networking equipment. 9. Chief Executive John Chambers said Internet service providers are cutting back on purchases of computer networking equipment this quarter from Cisco and other companies. 10. Cisco, Sun Microsystems Inc. and Digital Equipment Corp. all fell amid concern that corporate demand for large computer systems and networking equipment is slowing. |