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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 9:30 AM EST

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To: Paul Reuben who wrote (48260)2/6/2001 7:49:18 PM
From: bambs  Read Replies (1) of 77400
 
No...you would have know it if it was my question. I would have said. "when do you plan on growing actual earnings again. I see that actual earnings have been flat at 11 cents a quarter for the last five quarters. Why would someone want to pay upwards of 80-100 times earnings for a company that doesn't seem to be growing actual earnings anymore? Also, why did inventory go up 25% while revenue only increased 3% quarter over quarter? Could this be a sign that management is out of touch with the current market place? Clearly, the inventory issue was becoming a concern last quarter, I see the 25% increase in inventory as a sign that Cisco doesn't seem to be able to determine what sales can be quarter to quarter anymore. How can you possibly says that you are confident that things are going to get better in 2 quarters and you will grow at 30-50% for the next 3-5 years, when you can't even seem to get a handle on this quarter or the next? Also, do you plan on lowering inventory this coming quarter? Do you see revenue growing quarter over quarter better then 5%?

Oh...and...Do you think actual earnings will be more or less then 11 cents next quarter? I think less. Or Mr. Chambers, don't you care about actual earnings?

bambs
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