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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.40+1.9%Dec 19 3:59 PM EST

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To: Jerome who wrote (54231)7/31/2001 11:37:37 AM
From: RetiredNow  Read Replies (1) of 77400
 
On the contrary, I think earnings do matter a great deal. Cisco needs to show everyone right now, this quarter, without delay, that they are here to stay and that they have the wherewithal and the management fortitude to weather this economic downturn. That means they need to make the quarter. I can't wait to hear what they have to say. I'm going to be watching not just whether they make the quarter or not, but the A/R to Sales ratio, DSO, Inventory to Sales ratio, and operating cash flows. If they show clear signs of improvement in all areas, then that will tell me the bottom is hear and I'm free to buy. Any trouble spots and I'll wait another quarter to buy more.
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