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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.99+0.2%3:59 PM EST

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To: zbyslaw owczarczyk who wrote (44052)12/3/2000 6:51:53 PM
From: chic_hearne  Read Replies (2) of 77400
 
You however, have no clue about fundamentals of many companies you trade, besides your accounting and technical skills.

I may not know the ins and outs of every router and every other product Cisco has, but my accounting skills definitely lead me to believe business is not as good at Cisco as many in the world want to believe.

When you grow revenue by 60% YoY, but operating income is down YoY, there are certainly problems. The easy money from investment gains that Cisco has lived off of to make its bottom line the past few quarters is drying up. If those investment gains were not there, everyone would be questioning what the hell is going on at Cisco. In this great drunken bull run, these minor details have been ignored even though they are clearly out in the open when you examine the financial statements.
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