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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 83.12+3.1%Feb 3 3:59 PM EST
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To: michael97123 who wrote (42980)11/7/2000 2:02:23 PM
From: Carol M. Morse  Read Replies (1) of 77400
 
I saw John Chambers on Moneyline and he said very clearly that while there was some slight slow down in the clec's, Cisco's financial exposure to them was limited because they follow a very conservative policy with loans to them (and other's they help finance). He also mentioned that they were not as exposed as some of the other providers doing this, and that this means Cisco is better positioned to take advantage of their competitor's problems. When asked about slowing growth in general he said that it presented Cisco with a lot of opportunities to get good technology at better prices. As a market leader, with a durable stock price, he said that down turns in their markets means that many companies are presenting themselves to Cisco for possible acquisition. So Cisco wins by getting to pick from the best companies (who might not have wanted to sell to Cisco 6 months ago), and at great prices.
Gobble, gobble,
CMM
Cisco 57 9/16!!!!!!
PS....who cares about Fuzzback? I have him on ingore (as well as bambs, my first ingores ever). I also think that the best way to rid ourselves of these unwanted pests is to NOT respond to thier posts. If you respond to them then they can respond to you. They want us to respond by making us mad enough to, which is really what they want....attention, so don't give it to them and they will get bored and crawl off to find others to get a rise out of.
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