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 71.75-0.5%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Techplayer who wrote (49730)3/9/2001 10:59:57 PM
From: Stock Farmer  Read Replies (3) of 77397
 
Our views differ.

You and I see the same thing on its face because that's what's been trotted out for public consumption.

But I don't believe in face value very much.

First, I've never seen a charge on the books before. So if this is business as usual, WTF is this 300M$ charge?? That alone makes it unusual.

Second, the context. Note the focus on cost control (e.g. travel), and recent concern about acquisition headcount. Looks to me like the company is worried about how many people it has.

Finally, note the hiring freeze. Weeding without replanting leaves divots.

This is less like weeding, more like thinning out the carrots.

IMHO, of course.

John.
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