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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.43

-0.7%

Jan 29 3:59 PM EST

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To: The Phoenix who wrote (40180)	9/28/2000 10:26:11 AM
From: GVTucker	Read Replies (1) of 77400

Gary, with inflation at around 3½%, risk free instruments are yielding around 6%. Surely you must agree that CSCO has a little more risk than risk free instruments. I also imagine that most CSCO shareholders have an expected return that exceeds 11%. I also think that those shareholders will be sorely disappointed.

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