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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.33+0.1%2:43 PM EST

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To: RetiredNow who wrote (51009)4/3/2001 9:30:41 PM
From: Victor Lazlo  Read Replies (2) of 77400
 
<< One thing's for sure. I bet you anything Cisco won't go below $4 per share. You know why? Because that's it's book value. :) >>

Is that what CSCO says? Don't take their word for it. Seriously. Smoke and mirrors accounting. Do you really believe all those acquisitions were absorbed flawlessly?? LOL!! Not on your life!! LOL !!

BTW, if CSCO does not start buying back their own shares, you can bet your toilets that the share price will go below book value. Because if CSCO management believes that the stock now or at book value is still too expensive to buy back, then why should any outside investor believe otherwise???

Can anyone on this thread answer this question???
I have asked it before on this thread, and nobody can step up to the plate with an answer.

HELLO ?!?! ANYBODY ?? {{{{{ echo }}}}}
{{{{{ echo }}}}}
Victor
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