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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 9:30 AM EST

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To: ed who wrote (22795)2/18/1999 11:49:00 AM
From: Eric  Read Replies (1) of 77397
 
ed,

I have to admit I really started laughing when I read your comment that Cisco's management had lost confidence!

If you are from the Momentum school of finance I would agree but in all my years of following the various management of companies I have to congratulate Chambers and the Board of directors for doing the correct thing. Splitting at 117 1/2 would be totally irresponsible and almost certainly invite a shareholder lawsuit.

Cisco's growth rate has accelerated the last 4 quarters. Both LU and Cisco will grow in this huge environment, but I believe Cisco will perform better going forward.

Eric
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