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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 72.34

-2.9%

Nov 4 3:59 PM EST

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To: Lizzie Tudor who wrote (60707)	8/6/2002 7:02:57 PM
From: Jorj X Mckie	Read Replies (1) of 77397

LT, Just got done listening to JC on CNBC. I believe that he reinforced what I was saying earlier. He is more confident in what CSCO can control and less confident with the outside influences. He specifically said that he is less confident with visibility now than he was a quarter or two ago (paraphrased, not quoted). JC also said that it is in America's best interest not to expense stock options. Ummmmm, What? He also repeatedly pointed out that individual contributors got most of the options and not executive management. He really was quite adamant about not projecting a greedy executive persona.

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