Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Pullin-GS who wrote (28507)	10/1/1999 12:58:00 PM
From: Zoltan!	Respond to of 77400

You are wrong. Doubling the number of shares authorized does nothing. Things only change when the shares are issued, which Cisco has not done.

To: Pullin-GS who wrote (28507)	10/1/1999 1:10:00 PM
From: Eric L	Respond to of 77400

<< Pretty strait forward stuff >> I always thought so. Authorized = Outstanding, NOT. But I Love high PE stocks. Particularly this one. - Eric -

To: Pullin-GS who wrote (28507)	10/1/1999 2:34:00 PM
From: Adam Nash	Respond to of 77400

They aren't "doubling the shares", they are just get authorization to do so if they choose to down the road. Looks like others have already addressed this issue. Moving along... I had lunch at Cisco yesterday - what a city of buildings! Pretty awe inspiring. I thought it would be like the Microsoft campus, but it was like a whole city - Cisco city! Was in building 10, but didn't see Mr. Chambers.