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Technology Stocks : Semi Equipment Analysis
SOXX 301.15-1.2%4:00 PM EST

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To: Donald Wennerstrom who wrote (17889)8/10/2004 6:07:17 PM
From: Donald Wennerstrom  Read Replies (1) of 95656
 
Actually, I forgot to make note of one item in the previous post.

Message 20398260

<<For the full year, Cisco earned $4.4 billion, or 62 cents a share, on sales of $22 billion. During 2003, Cisco earned $3.6 billion, or 50 cents a share, on sales of $18.9 billion.>>

Let's see, last year earnings were 19 percent of sales and this years earnings were 20 percent of sales. They only earned 8B in the last 2 years on sales of 40.9B. My, my, they certainly need to do better. Look at all the other companies out there of that size that are doing better. Hardly worth a second look!:)

Don
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