We don't believe it's necessary. We oppose regulation generally.

Our position on rate regulation hasn't changed -- we don't believe the market needs government regulation. It's a competitive market, it self-regulates, and it's really not necessary.

[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,