Cisco has had many, many more than 16K employees over the past 10 year period. In fact, at the end of the last fiscal year, Cisco had 36K employees. Even with the announced layoffs, the number doesn't get close to 16,000. And that doesn't even count the people that aren't at Cisco any more but exercised options and then left the company.
OK so tell me how much $$ came in per employee by your estimation. Just a ballpark is fine, I'm curious.
thought that the "valuation doesn't matter" mantra died with the bursting of the Bubble. But given that you think number crunching is a waste of time, I guess that doesn't apply in your case. Then again, you own EBay at the current level, so I guess that you're just being consistent.
OK GVTucker, how about this.
You tell me what your projections are for Cisco revenues in 5 and 10 years.
Have you asked the management at the company what their targets are? I have. I consider it to be due diligence. Then, based on those projections where would you guess their profitability would be?
If an investor is not able to discuss managements 5 and 10 year goals, then what is their basis for investing in growth companies? I will say again that I think most of you belong in foods, CPG or some other dividend paying industry.
I suspect nobody here knows what management's projections going forward are, the difference between me and you is that I'm not going to insult you for your lack of effort (however I really do wish most of you would move on from tech)
Lizzie |
