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 77.40-0.5%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Phoenix who wrote (44593)12/15/2000 1:08:07 PM
From: larry  Read Replies (1) of 77400
 
OG,

My point is that it's absolutely ridiculous to add investment gains (3% to 15% for CSCO in the last 2 years) to boost the bottomline growth, and resort to one time write off if you lose money in investment. I wrote two months ago that there is no business that MSFT rallied 30% after posting flat y-o-y top line growth number and recommend everyone buying MSFT puts for some nice potential gains. The same story goes with INTC, which is even worse because they saw 3 billion dollars of investment gains evaporating in the last 9 months and their beautiful picture is about the get uglier when they use all of their investment gains to boost the top and bottomline growth within the next 2-3 quarters. I am longing only QQQ with some selected puts (MSFT, INTC, EMC, and SUNW). I mentioned that the bear market won't be over until the latter two comes down to earth. We are very close to that phase now.

CSCO is a great company. But with sky high valuation, I just don't see any significant appreciation for this issue in the short and medium term. The craziest bull market is over with nut plummeting 80-95% within the last 9 months. To make things worse, CSCO has to fight against the new accounting rule next year. And don't think that everything is great at CSCO land when they so aggressively loan $$$ to companies that buy their equipment. It's a very likely scenario that CSCO will see mid 30s within the next 6 months.

larry
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