SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Benkea who wrote (50003)5/9/2000 4:58:00 PM
From: pater tenebrarum  Read Replies (2) of 99985
 
Benkea, the famous non-recurring items that recur every other quarter...note also the dilution. and there's more where that came from, i'm sure.

as Tim has mentioned on the clown thread, the important thing is that finally CSCO's accounting is receiving increasing attention at all. so far the proponents of buying the most generously valued of all the big caps could simply justify their support by re-iterating "it's a great company". i have heard that comment at least 10 times over the past 24 hours on TV.
well, it's true, it is a great company. but is it worth 180 times earnings? all historical evidence points to the fact that buying the stock of a mature company at such a high valuation proved to be a poor long term investment decision.

so unless "it's different this time"....:)

regards,

hb
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext