Ralph Nader's Update #1 to Upset Cisco Shareholders

Dear Cisco Shareholder:



Thank you for your e-mail support for my demand that Cisco's bosses disgorge some of that $43+ billion in cash that management is stockpiling, back to its owners - the shareholders. My criticism and demand for a 50 cent annual dividend and a special $1 per share dividend were reported in the Wall Street Journal (June 24), Barron's Financial Weekly the next day and CNBC two days later.



Your e-mails were thoughtful and wonderfully impatient. You were properly critical of top Cisco management, often urging that John Chambers and members of the Board of Directors be replaced.
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