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

To: Stock Farmer who wrote (55730)	9/27/2001 10:25:49 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

John, I'm beginning to have new respect for you. :) That's what worries me most. Chambers still has big plans despite the small economy. So he's radically grown the organization to scale to his goal of $50 billion. But now I wonder if he hasn't quite accepted the fact that $50 billion will probably not happen in the next 3-5 years. Make it more like 8 or more years. So they're left holding the bag with too much real estate, too many managers, and a cost structure designed for a company twice the size they are now. In the next year, we'll see just how good Chambers and his executives are in a downturn.

To: Stock Farmer who wrote (55730)	9/28/2001 5:09:21 AM
From: elmatador	Read Replies (1) \| Respond to of 77400

CSCO is overnmanned because if they fire people their brains follow them. CSCO may be scared by the prospects of firing thousands of people with the knowlegde of how CSCO machine was made. Note that: CSCO paid them good money to let the ones expendable go. Find scheme for them to work fo non-priofit organizations. All that to 'sweet' the fired guys so that they don't come out and be outspoken about CSCO deals, set shop to compete with CSCO and such things that would made CSCO suffer. But there is still this amount of people, which is still on the payroll, and one day have to go. (Remember when CSCO 'bought' people bundled with the companies they acquired?) This is the cost structure you are mentioned. Perhaps someone has to have a look on the stock options side of firing people too, which I don't know about.