Tyler's+RAFT

Resignation of Cisco

My dear friends,

Thank you for your many years of support for Cisco.

Unfortunately we are facing great difficulties because of the poor economy.

These difficulties are beyond my ability to fix.

 Because of the recent recession and being forced to lay off many of our loyal and hard working employees, our stock exchange falling, and shrinking profits for our company.

I have also been accepting large pay raises that was worth millions of dollar while Cisco was laying off employees and making little profit.

I will be resigning for being to CEO of Cisco.

Sincerely,

John T. Chambers