big gain for those that sold csco and converted, see copy of reference post below:
too bad for some still holding on since 9/9.
Now, let's see the comparison in approximate numbers:
For those followed the conversion
---------------------------------
FORE 18.45 -> 20,45 = a gain of 2$
ASND 44.5 -> 46.5 = a gain of 2$
COMS 26 -> 30.4 = a gain of more than 4$
bonus CS 8.25 -> 10.25 = a gain of 2$
TOTAL profit since 9/9 in this bad mkt = 10$
For thos who still holding on
-----------------------------
CSCO (split adjusted) 61.5 to 61.1 = a lost of 0.4$ (too bad)
Too bad, the bottome-line is that the record speaks for itself NOW; for thos who converted, give yourself a nice pat on the back for the smart move
Again, the post stated as follows:
"IMO, by converting each csco to 1 ASND, 1 COMS and 1 FORE (approximate conversion) will give one a much better appreciation and less downside risk for the above reasons."
Message 5700712
============================= posted 9/9 ==================
To: jach (9118 )
From: jach
Wednesday, Sep 9 1998 9:54AM ET
Reply # of 9148
CSCO compared to the combined FORE+ASND+COMS
analysis of current products introductions and the types and breath of large contracts
won by competitions, imo, conclusion at this point is that csco is and will get very tough
pressure on pricing at all fronts, the enterprise, the SP WANs and the high-end routers.
IMO, csco is at the juncture where its' segment competitors are ready and lined-up with
their best shots for severe competitions and from the analysis of the products it's not
going to be easy and will cut deeply into margin;
csco at almost 100B mkt valuation, revenue of 7B$
FORE+ASND+COMS at only 20B mkt valuation, combined revenue of 8B$
imo, at this point segment products of these 3 competitors are in good position to
capture csco share
IMO, by converting each csco to 1 ASND, 1 COMS and 1 FORE (approximate
conversion) will give one a much better appreciation and less downside risk for the
above reasons.
1 csco ==> to 1 ASND + 1 COMS + 1 FORE; and also left over for 1 CS as a bonus
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