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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.42

-2.4%

3:59 PM EST

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To: larry who wrote (55927)	10/12/2001 5:41:10 PM
From: Eric	Read Replies (3) of 77400

Cisco has always carried a premium since it went public. I believe we are near or past the bottom of Cisco's sales here in this environment. I've talked to a number of my friends who are high up in a number of businesses and they are turning heavily to NetMeeting and other teleconferencing methods on the Web. Some of these who I know at Boeing and Computer Associates are utilizing this more and more to avoid traveling. The net result is a demand for further buildout of IP. I'm looking forward to Cisco's next conference call to confirm this. We have seen a lot of fits and starts in this area over the last 20 some odd years but it can really fly with the technology now available. I was just talking to a friend of mine on NetMeeting in real time with a direct PC to PC connection with Video voice and remote desktop application presentations (Power Point) this morning. Goodby Ma Bell....... Eric

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