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: Techplayer who wrote (36135)	5/23/2000 1:56:00 PM
From: Skeeter Bug	Read Replies (3) \| Respond to of 77400

>>It is interesting to see that bears (as you appear to be) like to base a companies value on a PE based on last years numbers while Wall Street and the Bulls look to next the next several quarters of expectations to determine valuations.<< tp, not true. cisco has a market cap of $377 billion. one could use that money and expect $23 billion in profits - GUARANTEED. year after year. with a little knowledge, one could expect $30 billion annually w/ very little risk. RIGHT NOW! cisco made $1.25 billion over the 6 months ending in (1/29/00) per yahoo. let's double that for annual sales - $2.25 billion. that is the past. now, tell me how many years in the FUTURE csco will have to grow earnings 50% per year to achieve the guaranteed $23 billion? how about the low, low risk $30 billion? then tell me how much money the t-bill holder has earned over that time frame (while taking no risk in the sense of the coupons are guaranteed). at the end of this time frame, how much has the t-bill holder amassed compared to the csco holder? can anybody see the tech future 5 years from now? what if the dot coms blow up as they surely must since their business plans, in general, are unworkable? bears don't always look back. bears often look forward and see the assumptions bulls accept as pushing the limits of ridiculous. bears sometimes consider alternate investments where some bulls think alternative investments mean csco or msft.