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Strategies & Market Trends : MDA - Market Direction Analysis

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To: bobby beara who wrote (73223)	3/25/2001 9:00:17 AM
From: High-Tech East	of 99985

... also bobby, I would not be surprised that the latest rumors about Cisco Systems announcing a major lay-off might happen - perhaps very soon. (1) John Chambers has been talking publicly for weeks about how bad things are at CSCO. It seems like he has been trying to get everyone ready for more bad news. (2) Of all public companies headquartered in the U.S., I can not think of any company that has grown their profits in more of a fake, false and misleading way by acquiring other companies using pooling of interest accounting. Now that the economy is on the slide, and their stock is in the tank ... they may be really up against the wall. "Barron's" has not been attacking their accounting methods for the last year or so without having some validity to their argument. (3) If I set my stops tight enough, maybe I will short it - don't hold me to that though, that is a very high risk move. (4) I think I will post this message on the CSCO thread to see what they think. <G> What do you think bobby? Ken Wilson

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