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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.07

-1.1%

Dec 1 3:59 PM EST

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To: Dan Good who wrote (14886)	7/1/1998 4:36:00 PM
From: Tom Simpson	Read Replies (1) of 77400

>not counting the non reoccuring charges, Dan, Ahhhhh that wonderful phrase "non reoccuring charges"....... But then the phrase keeps reoccuring with startling frequency, doesn't it? No, I'm not particularly picking on Cisco there, I just don't quite swallow the general notion that "one-time" write-offs don't count, especially when there are so many "one-time" occasions. :o) I'm just not comfortable with even a 52 PE and a +10 PSR. I expected 50% out of this last year, I got 120%. I was right, the market is wrong....fool that may yet make me, I'll keep the 120%. But its still hot to trot, and the fool left a dollar on the table today. :o) Best......Tom

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