There's a flexibility there now to do whatever fits [the situation] best,

[However, Salomon Smith Barney reiterated its] buy ... We think the fundamentals at Cisco remain strong, its end markets robust, its overall competitive position healthy, and its outlook as an enterprise superb.

Technology in optical networking space is moving incredibly quickly,

discourage its use.

I don't think we're going back to the Old Economy, so I would be looking to buy that,

We believe we are in compliance with all of the rules and related guidance as they currently exist,