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To: xcr600 who wrote (36106)	2/6/2002 10:35:58 PM
From: j g cordes	Read Replies (1) \| Respond to of 68313

CSCO could get into the banking business.. or is it? "Cisco ended the quarter with cash and short-term investments of $7.5 billion compared with $7.36 billion during the previous quarter. Long-term investments rose to $12.3 billion from $10.57 billion. "Cash is king," Chambers said. "We're definitely going to continue to grow cash. I don't think there's too much of a problem with having too much cash in this environment." Cash flow from operations for the next quarter is expected to be $300 million to $400 million a month. Cisco said it bought back $250 million of stock during the quarter. CFO Larry Carter said the company will continue with repurchases."