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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.07-1.9%3:10 PM EST
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To: RetiredNow who wrote (62603)1/4/2003 1:27:03 AM
From: rairden  Read Replies (1) of 77400
 
About 7,330,000,000 shares outstanding?
That is the supply of CSCO shares, and growing slowly.
What is the demand for CSCO shares? Enough to fetch $13.91 today.
I guess demand for shares will increase if CSCO increases profitability.
Or if some other reason for optimism arises.

California deficit, about $35,000,000,000 over next 18 months?.
Will they try to close this budget gap by taxing the internet?
Specifically, sales/use tax on internet purchasing?
They think there's a billion dollar leak here.
Just another example of challenges still faced by the industry.
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