Calling Matt Cutts To The Bat Phone

Dear Matt Cutts:
I hope this finds you well.
I’m writing to ask a question about anchor text and if you count the anchor found in a second link on a page. There’s been a lot of discussion on this topic recently, it’s an important point and one a lot of people want more information on so… since it’s a subject only Google can definitively answer I thought I’d go straight to the source and ask.
I’ve gone through all your interviews, your blog , the Google Blog and GoogleGroups but haven’t seen this question posed or the topic discussed. You’ve been a friend to the SEO community and saved us from needless specuation so I’m hoping you’ll take time from your spam fighting duties and indulge me by answering this question:
Does Google only pass link popularity through the first anchor text link (on a page) it comes across?
I know the question is basic and I’ve simplified the whole ranking-spidering-link-popularity concept but you know what I mean. And if the question is one of those that hits too close to home – well – a general statement like “excessive reciprocal links” would be good too.
Thanks for your time and consideration of my request, hope to hear from you soon.
Debra Mastaler.