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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.32

-0.1%

Jan 30 9:30 AM EST

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To: Gottfried who wrote (59445)	5/9/2002 5:25:47 PM
From: Jacob Snyder	Read Replies (1) of 77400

CNBC said it was $2.05 (OK, consider the source. And I'm talking to someone, as I'm hearing this in the background). WCOM management must have had a "feeling of impending doom", as they have loaded up on debt in the recent past. They must have realized they were on the road to a complete shutdown of available credit, or loan-shark rates, and they better get it while they could. One guess for the impact this has on their future capex. Telecoms and telecom-equip down tomorrow. This is a recording.

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