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Technology Stocks : CSCO - where's the bottom?!?!? Bear Thread
CSCO 71.08+0.1%Nov 7 9:30 AM EST

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To: Monty Lenard who wrote (19)11/11/2000 11:50:33 AM
From: bambs  Read Replies (1) of 253
 
GE rev 32.5 bil five times more revenue then csco
CSCO rev 6.5 bil needs four years of 50% growth to equal GE's revenue this year

GE earnings 33 cents 3 times more actual earnings
CSCO earnings 11 cents needs four years of 30% actual earnings growth to match GE this year

GE market cap 539.41 Bil 41% more market cap.
CSCO market cap 382.47 Bil

In four years the float should be around 8 bil
To get the market cap of 539 bil it would have a share price of $67

That's about a 5% return if csco does 50% revenue growth and 30% earnings growth for 4 years.

When CSCO was at $82 it was a mania.

This is the start of a come back to reality.

*note: 3 out of the last 4 quarters csco has had actual earnings of 11 cents. why don't we here more about this?
Will actual earnings really ever grow much on this company? If they keep printing shares I doubt it.

Bambs
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