We ALL know Europe sucks, and the US govt will not spend right now, but Britain, and even Asia are starting to spend money. The good thing about all of this is companies, and govts will need to catch up with the rest of the world in technology. CSCO will be the company to profit when everyone gets bailed out, or muscles through the current economic turmoil. Long CSCO people, and you will profit!
In 1-2 years the technology that Europe is using will all be obsolete, and CSCO will capitalize. CSCO will have a new product line that is far more efficient than the old crap Euro companies are using now. Please don't be a douche on this board you short dick geek!