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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 70.94-1.6%12:57 PM EST
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To: Chuzzlewit who wrote (21029)1/22/1999 2:35:00 PM
From: Cynic 2005  Read Replies (3) of 77397
 
Basically you and I are saying the same. I said, unless of course, the earnings don't matter - this is a cause for concern. You say cash flow is important and hence you are not worried. Sure. But I doubt if it this stock is up so much on cash-flow basis alone - this is where I disagree with you. Above all, as long as we are in a bubble created by liquidity, cisco is as good a stock to stash you money as any other pig-stock. All that will change when, not if, the bubble pops.
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