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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.26-1.3%11:30 AM EST

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To: Don Pueblo who wrote (42702)11/6/2000 9:06:52 PM
From: bambs  Read Replies (1) of 77400
 
let's think about this...print 80 million shares a quarter...at $50 that's 4 billion dollars worth of stock a quarter or 16 billion a year. CSCO earns 11 cents a share. 320 million new shares times 11 cents...$35.2 million in earnings is all that is needed to keep the p/e the same. These numbers are crazy....This company can give away 16 billion in stock and only have to make another $35 million in actual earnings to keep things shareholders happy?

Seems crazy to me...but what they hell do I know?

I guess I should stop worrying about the "long term" and just buy some csco in the morning when the analyst's tell me its good stuff.

Bambs
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