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To: Saturn V who wrote (132523)	4/16/2001 6:35:13 PM
From: Elmer	Respond to of 186894

Apparently Cisco and its ilk (Lucent, NT etc) will not be buying chips from any vendor for a year Then a year from now all they will have is year old products. I think not. EP

To: Saturn V who wrote (132523)	4/16/2001 6:43:28 PM
From: Amy J	Respond to of 186894

Hi Saturn V, RE: "The Cisco management and Chambers were the the darlings of the investment community" And they still seem to be the darlings of the investment community - why else is their stock at $15+ and holding? The report was ugly. Running the numbers from that report seems to imply the stock should drop more than $15. I'm not touching it until it does. I just saw a post on CSCO that said they laid off 8,500 people, yes, your guess re: the number of layoffs at Cisco was quite close. Regards, Amy J

To: Saturn V who wrote (132523)	4/16/2001 7:35:29 PM
From: Dan3	Respond to of 186894

Re: Cisco is indeed one of Intel's biggest customers for communication chips Don't forget their big flash contracts with AMD.... :-( Dan

To: Saturn V who wrote (132523)	4/17/2001 12:56:21 AM
From: Amy J	Read Replies (1) \| Respond to of 186894

Hi Saturn V RE: Silicon Valley rife with Cisco's poor health Another sad story for you Saturn, a contact of mine that had a couple of M earned through hardwork from vested CSCO options, lost all his money by applying margin to it all. Not sure why he used margin, when he could have taken the money and written cov calls to generate a premium of 500k/yr. It just doesn't make any sense to gamble with margin - and all of it too. He has a family, a baby. Now he has zilch to support them. He also has a horrible 6-digit tax bill to pay too (as if losing all your money wasn't bad enough, he's in debt to the IRS). He liquidated his 401k money too - that really hurts. So many bad stories now, getting worse it seems. I guess people were hoping the market was going to turn around. There's some new panic home selling going on around here today. edit: In one Silicon Valley city, the homes-for-sale jumped 200% month over month. (Jim McMannis was right). All I can say is, if folks are still on margin, get off of it first thing. Consider it a drug that shouldn't be used, especially folks with families, where other lives are dependent upon them. It's incredibly painful for folks to go through, including the person that made the error. Heard yet another bad story, it's about an Intel veteran, retired too, who just lost all of his money on margin. Very sad. A family too, with folks dependent upon him. Margin is scary stuff. Regards, Amy J