Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

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 76.11

+0.9%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: FESHBACH_DISCIPLE who wrote (47988)	2/5/2001 3:25:20 PM
From: chic_hearne	Read Replies (2) of 77400

FESHBACH, This whole accounting thing, inventory, blah blah blah is all meaningless. Does it matter if Crisco grows revenues at 60% or 30%? No, not at this point. Does it matter if Crisco manipulates inventory to increase profits? No, not at this point. HELLO OUT THERE!!!! Doesn't anyone understand that Crisco is still about a $300 BILLION company???? I don't see any point arguing about this crap until Crisco gets to what would be a historical overvalued level, say half of what it is now. Until then none of this stuff matters. What people can't get through their heads is company performance and stock price taken at any given point of time are meaningless. Just because Crisco sold at $82 at one point in time does not make it a good value at $34 today. Sure, things haven't deteriorated that much and revenues have improved over 50% in that time, but so what? What the market is really telling us is that Crisco was insanely overvalued then and continues to be. chic

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next