Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 332.56

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3:59 PM EST

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To: StanX Long who wrote (55106)	11/6/2001 1:02:36 AM
From: MStonek	Read Replies (1) of 70976

Regarding CSCO: <<If this was the bottom, it not that the time to buy a company? While everyone one is down in price, why doesn’t he use the $19B now? Or does he think there is more downside?>> I was wondering the same thing. About 40% of their gross income came from interest income! I guess they think that's how they'll generate cash for a while... People in this thread and others have been advising staying in cash for at least some of their portfolios, at least until we get through the rough times. Individuals and corporations are not all that different... But $19Bn seems a little too much to have in cash, doesn't it? Mike.

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