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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%3:59 PM EST

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To: Victor Lazlo who wrote (51011)4/3/2001 9:47:55 PM
From: Sawtooth  Read Replies (1) of 77400
 
<<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.>>

I'll take a whack at it: I hope the company's I'm investing in are looking at the alternative uses of funds and making the best decision; just like any other investor. At any particular point in time, that might or might not be repurchase of their own stock.

....VVVVVVVV
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