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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Farmer who wrote (52474)	5/8/2001 3:08:14 PM
From: JakeStraw	Respond to of 77399

I like this part - "It is surely a measure of just how little Mr. Chambers understood the self-levitating nature of the business that has grown up and enveloped Cisco, that even after the dot-com bubble popped in the spring of 2000 and just about every major Cisco customer saw its only really valuable asset—its stock price—collapse, the company went right on assembling and shipping routers out the door as if nothing had changed … as if its customers’ appetite for the equipment not only remained insatiable, but their ability to pay for the goods remained inexhaustible. “We do better in the tough transitions,” Mr. Chambers told analysts at an investment conference last winter, even as Cisco’s customers were dropping out from under him.