| I have no doubt this stuff happens all the time and at companies other than Cisco. It's the state of affairs in the U.S. It's pretty disgusting, because ultimately the shareholders bear the burden. In addition, employees get screwed. I don't know what the solution is, but looking at this in the microcosm, I wonder how this type of thing will affect Cisco. I doubt it will affect them much at all. The reason for that is that Enron had going concern issues. They were imminently going out of business, so they couldn't keep the charade going. Cisco on the other hand may or may not have shady dealings, I don't know. I doubt first, because these analysts and reporters have been such morons in the past, I literally have to see the truth staring me in the face and have to bring my own intellect to bear on it, before I'll believe it. However, whether or not Cisco is doing something shady like this, it doesn't matter. They aren't anywhere near collapse, so unless the executives can somehow make $21 billion in cash and investments disappear, I don't think we'll be seeing a Cisco collapse and scandal anytime soon. |
