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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 72.10

+1.4%

Nov 10 3:59 PM EST

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To: bambs who wrote (50866)	4/1/2001 5:19:55 PM
From: FR1	Read Replies (1) of 77397

As I understand it, CSCO has about $4B worth of inventory that is obsolete or otherwise not able to be sold. Something will have to happen for them to "re-adjust" their books and outlook. I think everyone expects some kind of statement but they will probably wait until mid april since they report in may. I agree it will be a upward push to the stock because everyone will then have a clear picture. Right now everyone is confused.

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