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.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.080.0%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: traetzloff who wrote (35865)5/20/2000 2:29:00 AM
From: Brian Malloy  Read Replies (1) of 77397
 
I don't know if you posted the full jist of the VP of the S&P. However, if what you post is accurate it shows an alarming lack of understanding on the part of that VP. Something that most kids taking Jr. High Algebra could call him/her on.

At a time when most companies in the S&P are down, especially the technology sector then the relative weightings have not changed by much. In terms of market cap, CSCO relative to other stocks is pretty much unchanged. It has been ranked between four to one (the one just for a short time) for the past few years. It's current market cap puts it at number three today (in order: GE, INTC, CSCO, MSFT).

Now if CSCO fell to say 30 or something on the S&P market cap list then the VP would be sitting on a three legged stool and not his flawed two legged one. I can only assume that this VP also falls into that special class of math wizards that believe when a stock splits 2:1, they are buying it at half price.

In short, that VP's analysis is weak and misguided at best. Instead of you writing/feeling: "I wish I had been smart enough to write that, but I didn't. It is a direct quote from a VP on S&P's web site." You should feel proud for not succumbing to nonsense.

Stay focused on the big picture and continue to think for yourself.

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