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

To: Alex Mt who wrote (34613)	5/4/2000 7:11:00 PM
From: bambs	Respond to of 77399

Alex - I guess you don't have a comment on the FACT that 40% of CSCO's earnings result from tax benefits from employees exercising stock options. I suppose you have no comment on how the earnings picture will change as soon as CSCO stock doesn't double every year. I expect that you have no argument to explain what the cost will be when employees want cash bonuses, high salaries in the future not stock options for a stock that isn't going up anymore? As far as MAIL. There was little discussion on SI about MAIL. If you check the yahoo board for mail, I post under the name KBams. You will find that I announced my selling of MAIL at 19 9/16 from 15 the day the CEO was on CNBC and crumbed under the burn rate question. I stated that the market conditions would kill MAIL. I also gave it a target of $7-10. I was called a trader, crazy and . The longs their didn't want to admit that times change. I did think that MAIL could be another CMGI type company. They still can. They own some of the best real estate on the Internet. If properly developed they could do well. I was counting on the fact that they would be able to spin off many of the domain names like india.com, japan.com, usa.com, doctor.com and lawyer.com for big cash. If the market conditions remained like they have been for another couple of years they would have had plenty of cash to develop the properties. Perhaps, even had a run up like COMS did before PALM. Now I see a company that is a take over target. Huge burn rate...they will have a great deal of trouble raising new funds in this climate. I think they could be in for some rocky times ahead. So, there you have it. Now will you comment on the fact that 40% of CSCO's earnings are a result of a bogus tax benefit? I think most CSCO holders own CSCO because they think it's "safe", "it doubles every year". I think everyone is betting that the party isn't over yet..."$100 and I'll be happy" it has to go up at least 50% this year. "Buy the dip" HA HA HA! CSCO will be going down...big time. Do the math...fundementals matter. The market with it.... Bambs