|
Divine Capital Markets Re-iterates Long-Term Buy" For Cisco Systems, Inc.; Women-Owned Brokerage Firms Senior Analyst Enjoys 100% Gain on Stock Pick; Sees Further Price Moves Ahead
Divine Capital Markets LLC, a leading, women-owned brokerage and investment banking firm serving institutional managers, pension funds and high net worth individuals, announced today that William Laemmel, the firms senior research analyst has re-iterated a long-term buy" recommendation on Cisco Systems, Inc. (NASDAQ:CSCO), one of the worlds leading providers of networking and data transmission equipment.
New York, NY (PRWEB) January 24, 2004 --Divine Capital Markets LLC, a leading, women-owned brokerage and investment banking firm serving institutional managers, pension funds and high net worth individuals, announced today that William Laemmel, the firms senior research analyst has re-iterated a long-term buy" recommendation on Cisco Systems, Inc. (NASDAQ:CSCO), one of the worlds leading providers of networking and data transmission equipment.
In a detailed research report distributed to the firms clients this week, Mr. Laemmel stated, We initiated coverage of Cisco in August 2002 when the stock price was under $14 per share with an 'aggressive, long-term buy recommendation. Notwithstanding the fact that CSCOs share price has since doubled in less than eighteen months, we believe that a combination of underlying forces are driving the current business cycle and provide a solid foundation for CSCO to further leverage its dominant position within the marketplace over the next 12-18 months.
About Divine Capital Markets, LLC.
Established in 1996 by Danielle Hughes, the firms President and CEO, Divine Capital Markets LLC is a leading women-owned, minority brokerage and investment banking firm recognized for
providing institutional clients, pension fund managers and a select group of accredited investors worldwide with agency execution, corporate finance and private wealth management services. Through an affiliation with TS Meehan & Company, the firm also provides a patent-pending, computer-based execution service to Fortune 500 corporate treasurers who are responsible for overseeing corporate share repurchase programs. Divine Capital can be found on the Internet via http://www.DivineCapital.com
For Additional Information:
Divine Capital Markets, LLC
Danielle Hughes, President & CEO
Tel: (212) 344-5867
Email: Dani@DivineCapital.com
|