P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: t2 who wrote (13945)	11/6/2002 5:50:08 PM
From: h8_2_b_l8	Read Replies (1) of 30712

I'm sure we'll at least try to make a run for today's high if not break it to test the waters. It all depends on if investors are fed up with the "one time charge" game CSCO plays, and realize that payroll taxes on stock-options are real charges that effect CSCO's specific business model and should not be considered one-time. Zeev made a good point on his board. What happened to that one time inventory charge at the beginning of the year? They turned around and probably used half of those parts to build newer generation products. That should boost margins, but it didn't do much of anything. It's all dependent of the psychology of the investor. INTC confirmed what CSCO said AH's and they rallied. Go figure?

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