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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.06

-1.5%

3:59 PM EST

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To: ed who wrote (22773)	2/18/1999 8:35:00 AM
From: Claude	Read Replies (3) of 77397

Ed, you and Jach are living proof of the axiom that those that know a lot speak little (because they mostly listen) while those that don't know much speak a lot. You're theory of splits is absurd. Are you one of these people with a beeper alerting them to when a split has been announced? You really think a company growing 35% yoy with 60+% margins should NOT be valued higher then LU growing less than 20% yoy with anemic margins? Sure LU is much bigger and the law of large numbers makes it tougher but if you read some of the recent articles you will learn that LU has improved the bottom line mostly by ridding itself of the fat it had prior to the AT&T spin-off. Growing that bottom line is about to get a whole lot tougher for LU. oh but I forgot, LU is splitting its stock and CSCO is not - oh then by all means we should all buy LU! Oh and today's drop of CSCO says everything? - according to you and Jach CSCO should be dropping like a rock. What about your beloved MSFT? Why did it drop? According to you MSFT should be going nowhere but up - but I guess that's why most would call yesterday's action a broad based retreat in tech stocks and not single out any particular stocks as proof of some theory of ours. Good luck in your investing. Claude (rhymes with TOAD)

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