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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.44

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12:31 PM EST

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To: Nikole Wollerstein who wrote (59602)	5/28/2002 12:00:36 PM
From: Jacob Snyder	Read Replies (1) of 77400

re: It (bankrupcy) does not eliminate competition: As I understand it, for buyers of telecom-equip, having a longterm relationship with their equip companies is very important, at least as important as price. Anything that puts into question whether a company will be around (to service and upgrade their equipment) in 5 years, will seriously hurt current sales. So, things like debt downgrades have a serious impact on telecom-equip companie's ability to make sales and maintain any pricing power.

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