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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.19

-0.1%

3:59 PM EST

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To: The Phoenix who wrote (44447)	12/12/2000 5:02:39 PM
From: Eric	Read Replies (2) of 77400

Gary I listened to the Cisco conference call a few days ago and I remember the CFO saying that Cisco had roughly $625 million budgeted for vendor financing and that it was not all drawn on. Compared to LU and NT that's peanuts! They are into this for Billions of $$$ and a lot of that supports old legacy equipment. Cisco sure doesn't have that problem! As you know Cisco doesn't sell "Old World Telcom Equipment", that's NT and LU's world. IMHO Cisco is still an excellent investment going forward. A year from now people will realize what a bargain it was when it touched 45. But I guess some people can't look out of the hole their heads are stuck in. To each his own. Eric

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