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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.99-0.2%3:59 PM EST

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To: Jimbo who wrote (49943)3/15/2001 7:15:12 PM
From: Jack of All Trades  Read Replies (1) of 77400
 
OK how many of the 7.28B yes that's Billion shares do you think they can buy back to make it worth while???

They have $0.66/share worth of cash. They need to save that for the coming slow down and possible defaults on loans made to companies to buy their products.

They will pay for all those R+D pooling write offs that created heavy stock dillution IMO...

As the mass gets larger it takes more to move it... People will be talking stock splits someday, but they won't be forward ones...

biz.yahoo.com

disclosure: I have NO position currently in CSCO
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