RE: CSCO earnings from a temporary put holder
Profits incr. 33%, but eps increased from .29 to .36, this is only a 24% incr, no matter how they paint it in press Releases.
65.% gross margins are awesome, but somehow 40% rev. growth did not produce even 40% earnings growth. R&D, s g & a, or other cost ids eating up some big money here.
In process R&D writeoff? Whatever.
Stock has run up from 40 to 110 in 1 year, 175%, on only 24% eps.
incr. This has more than doubled the P/e ratio.
This is a great company, hugh margins, market leader, with technology the world needs now. OK, so please don't flame me, CSCO lovers. I only have puts for the short term.
Now MU, yuk, these puts I will keep. |
