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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.75

-0.5%

Nov 11 3:59 PM EST

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To: Stock Farmer who wrote (51478)	4/16/2001 7:02:02 PM
From: RetiredNow	Read Replies (2) of 77397

No doubt, John! I've been guessing $1.7B in charges for a month now and here they come in at $3.7B! What an amazing thing. What took me by suprise was the large inventory write off. I guessed it would be around $500M, not $2.5B. Well, now the trick will be to try to figure out when the madness, disappointment and mayhem are at there worst from this fallout. When people are declaring that Cisco will go bankrupt, that will be the time to buy. I'm guessing we go as low as $12-13 and then we steady off. I doubt we'll go below $10, but you never know. Stranger things have happened. Either way, I think the bottom is almost here. Tomorrow may even be the day.

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