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 71.07-1.4%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SouthFloridaGuy who wrote (52568)5/8/2001 10:18:17 PM
From: bambs  Read Replies (1) of 77397
 
I bet $8 in 18 months

37 cent loss this quarter. for 2000 they only had 36 cents earnings. this loss wipes out a years earnings. 3 cents proforma is sad. annualize 3 cents. I think that over the next 4 quarters they will be lucky to have a proforma earnings of 3 cents for each quarter. that would give them a proforma p/e of 66 at $8. I think it's clear they will have negative actual earnings for this fiscal year. So csco will have no e in their p/e. p/e = n/a for csco for at least a year..It think it will be lucky to be $8 in 18 months. I think $5 ish should be my bearish target for that time frame. I don't expect we will see it trade much over $20 in the next 20 years.

bambs
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext