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

To: Lizzie Tudor who wrote (60082)	6/28/2002 5:17:26 PM
From: Lizzie Tudor	Respond to of 77400

FYI, not directly related to cisco but very dramatic- 4:15PM Tellium warns for June quarter (TELM) 0.93 +0.23: As an illustration of just how bad business is in the telecom equipment sector: TELM warns that Q2 (Jun) revenues will be down to $3 mln from $54.1 mln in the March quarter; the Multex consensus had been $23.0 mln. Company also announces restructuring plans.

To: Lizzie Tudor who wrote (60082)	6/28/2002 5:29:09 PM
From: Jerome	Read Replies (3) \| Respond to of 77400

OTOT >>>SSS.>> If Dave is under 30, and puts over 12,000/year in a bank account What happens if Dave has a bad year only two years into his self saving program.... He has $12,000 from age 30 till he dies.... Hey Liz these things do happen. The children of people that died on 9/11 are getting SSI ...what would Dave's kids get from his bank.....A note saying "We are so Sorry to hear of your problems, but the welfare office is two blocks away....good luck" You are making the very erroneous assumption that nothing bad is going to happen to him between now and age 65...there will be no debilitating medical problems, no injuries, no loss of job, ...nothing but clear skies.... JMO....Jerome

To: Lizzie Tudor who wrote (60082)	6/28/2002 11:13:34 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 77400

OT "If Dave is under 30, and puts over 12,000/year in a bank account, or better yet an ultra-conservative investment account, then he will easily be able to fund all of these items you mention." But the problem I have is that by doing the above, Dave could be taking SS retirment benefits away from his own parents. It's a direct transfer of money to those getting the benefits. I think SS is a big mess but do I want all my Dad and my other retired relatives and friends' parents to lose their benefits? no. So I think about that and then I go hide my head under a pillow.