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Technology Stocks : Lucent Technologies (LU)
LU 2.630+1.2%Jan 16 9:30 AM EST

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To: Zoltan! who wrote (6050)2/6/1999 1:14:00 PM
From: Dave  Read Replies (1) of 21876
 
All:

Analysts said investors were disappointed that Cisco did not declare a stock split, and that valuation was a lingering concern, but noted that the company remains healthy.

When are these so-called gamblers, sorry I meant "investors", going to realize that a stock split does nothing for them.

I think it is quite humorous that these "investors" equate a company's financial health to stock splits. Personally, i would rather have a company with solid management, a leader in their field, growing revenues and accelerating earnings.

The analysts also were concerned with Cisco's valuation? Do these analysts believe that if Cisco split, Cisco would be at a fair valuation? If they (or anyone) believes that, God help us all.

But hey, what do I know?

dave
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