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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: oldirtybastard who wrote (152602)2/21/2002 10:33:11 AM
From: oldirtybastard  Read Replies (2) of 436258
 
anybody like CSCO here? It looks kind of cheap, maybe an undiscovered gem. Let's see, at 7.33 billion shares oustanding and a price of less than $16, we can practically give 2 shares to every person on earth (when I say give, that means sell really cheap, like 2 shares for $32 - a real give away who says yuo don't get something for nothing?)...so yeah, 7.33 billion shares means that for evryone on earth who paid $32 lets pretend that CSCO pay ALL of it's income in dividends (sure, can't happen, but who knows what kind of tax loophole will be next). Annualizing the last 1/2 year income, if we can even call it that with poetic license, will give everyone 28 WHOLE CENTS for their $32...THATS IF CSCOS EARNINGS WERE REAL AND THEY PAID THE ENTIRE AMOUNT IN DIVIDENDS...so is CSCO a buy here? I mean, a deal like this can't be around forever, my fingers are getting itchy on that buy button -bg-
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