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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.080.0%3:59 PM EST
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To: MHA who wrote (61105)8/21/2002 1:28:16 PM
From: RetiredNow  Read Replies (1) of 77397
 
I'm with you there. Cisco clearly has had some acquisition failures. You only have to take a look at their retained earnings and their ridiculously high number of outstanding shares to see that. However, from what I can gather from the newspapers, it seems that they are getting smarter and more prudent with how they make acquisitions in order to limit their downside risk a little more than they have in the past. I'm actually happy to see them starting to do these things. It's another sign of good fiscal management being put in place going forward.
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