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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%3:59 PM EST

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To: Wyätt Gwyön who wrote (47508)1/30/2001 11:00:16 AM
From: The Phoenix  Read Replies (1) of 77400
 
MM,

Cisco's execution and Cisco's stock price are clearly two different things. One thing you should consider is how Cisco was spending for growth.... It seems to me it'll be fairly easy for Cisco to manage this situation fairly easily. As for Cisco's stock price - it's clear that Cisco's execution has little to do with the stock price since the two have been moving in opposite directions for the better part of a year. It's ironic that people think that this can continue indefinitely.....

Bottom line is I think it's a mistake to look at how Cisco has executed in a growing economy and to assume that's how they will operate in a flat economy. Cisco has taken advantage of its stock but to assume this is the only way they can show growth is a huge mistake when you consider the spending they had been doing in the past. Reel that in and what do you get...... ?

OG
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