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To: Victor Lazlo who wrote (140811)	3/21/2002 11:41:41 AM
From: H James Morris	Respond to of 164684

How did it get this bad? >>Cisco Systems Inc. stands to lose at least $200 million if fiber-optic network builder Velocita Corp. files for bankruptcy, analysts said. San Jose-based Cisco invested $485million in cash and loans last year to help launch Velocita. In February, the unprofitable Virginia-based company said it would fire 75% of its 240 workers and was considering "strategic alternatives." Cisco never disclosed in regulatory filings its $200-million investment in or its $285-million loan to Velocita. Cisco shares fell 72 cents to $16.02 on Nasdaq. latimes.com