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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.95

+0.2%

Dec 5 9:30 AM EST

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To: Stock Farmer who wrote (52202)	4/30/2001 1:07:54 PM
From: Eric	Read Replies (1) of 77400

John I would have to agree with mindmeld's numbers as a approximation. Cisco has been trying the last two years to get into the telco transport market and fortunately doesn't at this time have a large presence like NT, LU, Alcatel and others. Granted we are seeing a very severe slowdown but the state of the art is constantly changing. I remember when I was a teenager growing up on Vashon Island near Seattle and visited the local phone company switching office and they were using vertical rotary mechanical switches to make phone connections. That was in 1965 if I remember correctly. The touch tone system had been around for a few years in the Bell system but was barely built out at the time. The noise in that room was deafening! I will never forget that. Boy have we come a long way technology wise. And we have a long way to go with existing "state of the art technology". The problem is those rotary mechanical switches have been around since the 20's with small improvements. The third world still uses a lot of them. Eric

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