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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (28390)	9/21/1999 11:44:00 PM
From: Techplayer	Read Replies (1) \| Respond to of 77399

OT American Spirit, Coms doubled as management expressed an overly optimistic view of the ensuing 2 quarters. I owned then and was disturbed to see the numbers fall as flat as they did. I sold and have not looked back. I will never trust COMS management again. good luck. brian

To: American Spirit who wrote (28390)	9/22/1999 1:40:00 AM
From: The Phoenix	Read Replies (1) \| Respond to of 77399

not prejudiced - just realistic given history. COMS doesn't hold the same valuation as cisco because it hasn't performed like csco. If COMS had we'd be talking about $100/share or more. I have only evaluated the fact Spirit... in fact I came to the COMS thread a few months back - biased on the bullish side..then as I completed my DD and realized that COMS is not a good takeover target (see my posts regarding pooling complications), and existing business (PALM being the exception) losing market share... how is that a good investment.. It might be for you, but not for me. The earnings report is all due to cost cutting as COMS cut marketing on NIC's and modems. So they're killing the business rather than selling it. Marketing 101 - Mature markets you increase marketing not cut it.... If they don't want the product lines (which I think they would do well to get rid of them) the strategy should be to sell them, not let them die a slow death. I think this is a poor move and demonstrates my belief that COMS management could be improved. Again, earnings are a function of cost cutting only.. not a function of business growth. Gee, if PALM grew at the same rate as the networking business revenues would look abysmal!!! And if memory serves PALM will not be reported as a COMS business after next quarter. Where will COMS growth come from. I think Gary Korn said it best and I tend to agree... if you want to own PALM perhaps picking some up at the IPO might be a better solution. But holding COMS to get to PALM (unless you truly believe COMS is a turnaround story) is probably a bad move. JMO Good luck on your investment! OG

To: American Spirit who wrote (28390)	9/22/1999 9:43:00 AM
From: Zoltan!	Read Replies (1) \| Respond to of 77399

Dow Jones Newswires -- September 22, 1999 DJ 3Com 1Q Beats Views With Cost, Operations Streamlining ...For the quarter, sales of modems, obtained in the company's 1997 purchase of U.S. Robotics Corp., and network connection cards fell 19% from last year. Networking products sales - which include sales of switches, hubs and access devices - rose 9% - but still at a slower pace than industry rival Cisco Systems Inc. (CSCO). Cisco appears to be pulling away from data networking competitors 3Com and Nortel Networks Corp. (NT).... interactive.wsj.com Ain't that the understatement. >>35% growth Falling revenues/negative top line. Horrible for the company. Take away the Palm and you have ......