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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (4865)7/20/2000 7:55:39 PM
From: patron_anejo_por_favor  Read Replies (2) of 436258
 
<<I suppose CSCO, Northern Telecom and the other suppliers will figure out how to call the inevitable write-downs "one-time charges" on two-year old equipment that comes back off defaulted seven-year leases or loans, but the reality is that a significant portion of what was previously booked as sales will not be paid. Keep this in mind when you get tempted to buy these exponential growth manufacturers.>>

This is the most cogent argument against further price appreciation in the Telco equipment stocks that there is. As a group, they are NOT worth the PE's they are being awarded, because their future cash flow has been wildly exaggerated and certainly won't be consistent. When the recognition of this comes it will get very ugly very quickly.....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News