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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.19

-0.1%

Jan 16 3:59 PM EST

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To: Uncle Frank who wrote (58214)	3/4/2002 12:39:47 PM
From: RetiredNow	Read Replies (1) of 77400

I agree, Uncle Frank. There's plenty of statistics that show that it's better to keep CEOs in a downturn than to boot them. Not only that, but Chambers is one of the best. This was a great learning exercise for everyone at Cisco. Shoot, I don't think Cisco has EVER experienced something like this before. Their revenues had ALWAYS increased every quarter prior to the quarter ended April 2001. So they simply had to learn about how to manage in a downturn. I think they've done an admirable job. Actually, they've done a stellar job. Cisco is stronger than it was before it entered the downturn, whereas their competitors have all lost their shirts. Not only do I think they shouldn't axe Chambers, they should publicly thank him for staying with the company to help it through the downturn. Then after they thank him, maybe they can ask him to whittle that o/s share number down a bit. :) Then I'll be alot more comfortable with my current Cisco shares.

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