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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.08

+0.1%

Nov 7 9:30 AM EST

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To: RetiredNow who wrote (62537)	12/27/2002 6:09:07 PM
From: rairden	Read Replies (1) of 77397

Put me down for $7.50 and I'm not counting on any splits. We've dodged a lot of bullets in 2002; I don't think we'll be so lucky in 2003. It's not the end of the world, but looking at California's deficit, for example, I think we're seeing the beginning of a long miserable decade. Government is taking a very hungry look at what's left of my assets. I certainly won't be paying capital gains taxes for awhile. Inflation is the only escape. Hopefully the demand for Cisco equipment will edge upwards with all the new digital content being shuffled around out there, especially if the copyright and protection issues get sorted out. But I don't see any great increases in profitability ahead.

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