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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 85.47

-0.9%

Feb 11 3:59 PM EST

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To: Jacob S. Rosenberg who started this subject	3/31/2001 11:54:16 AM
From: JAG	Read Replies (2) of 77400

Hello! CSCO Bull Fools! Wake up! 12 months of inventory at Cisco and in the channel. Do you guys know anything about the retail industry. Hint: All hell would break lose with 12 months of inventory. Not only does it mean declining sales, often it means margins compress substantailly. Now for years you guys have had the luxury of rapid sales growth with the benefit of strong margins. Now is it is declining sales and bad margins going forward. Longs go buy some Crisco and bend over.

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