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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.87

-0.1%

Jan 9 9:30 AM EST

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To: BWAC who wrote (64272)	7/9/2003 6:05:54 PM
From: Lizzie Tudor	Read Replies (4) of 77400

oh geez tough crowd here. Well, I know that Chambers and Cisco retracted the recovery comment but it is common knowledge the supply chain at Cisco is improving, hard to hide it with the chip companies that supply cisco seeing robust business. I don't know what was said at this european conference but I have seen Chambers discussing the IT climate in the past year and he makes it clear there is no robust recovery looming in the wings. There was something about this statement made this time, that looked bullish, maybe he couldn't help but smile, who knows. Bottom line is things are improving, its tough to dispute that.

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