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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.90

+1.1%

10:38 AM EST

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To: FESHBACH_DISCIPLE who wrote (48004)	2/5/2001 4:07:31 PM
From: Tulvio Durand	Read Replies (1) of 77399

<... if earnings were 8 cents light ... Is outside the realm of possibility, IMO. ... cisco was accumulating components,should they not be punished for that goofup. No. It did the prudent thing back then by accumulating. It is doing prudent thing now by decreasing parts inventory. .. VALUATION TOO HIGH Glass half full? Depends on who is making assessment. 82 was definitely too high. 10 is way too low. If we agree, then their average, 46, might be about right. Tulvio

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