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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.45+1.8%9:30 AM EST

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To: RetiredNow who wrote (22757)2/17/1999 5:08:00 PM
From: Andy Wall  Read Replies (2) of 77397
 
I have to agree with mmv, part of a CEO's job is to sell the company to everyone involved, the consumers, the employees, the shareholders. So like any salesman, of course he is going to say things that people want to hear. It's good PR. Creating a "slow and steady growth" is an idealistic scenario that won't happen until the company stops growing and simply becomes a cow. The day that happens is the day I will be selling the stock. And believe me Chambers is fully aware that the wild intraday swings haven't hurt the stock yet, in a long term perspective, and won't in the future as well. Remember growth is speculative, and speculation breeds volatility. I'll take volitility any day over a slow steady cow.
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