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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.80-1.9%Dec 12 9:30 AM EST

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To: Eric who wrote (59958)6/26/2002 9:04:44 AM
From: RetiredNow  Read Replies (2) of 77400
 
I'll tell you, Eric and Larry, all of this fraud is just an utter disgrace. It makes you ashamed to be American. What really burns me up is these common criminals get hugely enriched, while bankrupting many middle class people, and then they suffer no serious consequences. In this country, if you are rich, you can buy justice. Look at O.J. He's still living the high life after murdering two people. This is just one big joke and we're all the butt of it, while those CEO and other defrauding executive bastards laugh all the way to the bank.

One good thing is that we are starting to see which CEOs and which companies are honest. So far Cisco has been pretty forthright compared to others and doesn't seem to have systemic fraud going on like these others we're seeing. I hope that continues. Oh, and to preempt those who might try to prove me wrong by point out one or two cases of fraud at Cisco, I'd like to define the term systemic for you. Systemic means pervasive and having material impact on the company, not rare and isolated events such as the stock options scam we read about awhile ago.
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