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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Pink Minion who wrote (35422)6/2/2000 10:27:00 AM
From: Tony Viola  Read Replies (1) | Respond to of 70976
 
ex-D, >I can't resist. They do it by acquiring companies and are very good at it. Big difference than internal growth. What's going to happen when there are no more companies to buy? What's going to happen when they have to account for stock options under SG&A? The "Fraud of the 90's" will be over. It just one big pyramid scheme

That's BS. Most of the companies Cisco acquires are miniscule, and add very little to the top line initially. They buy a lot of companies to acquire products they don't have time to develop internally (Internet hardware and software moves much faster than anything else, like the business itself.). Cisco also has been know to buy companies to get people, ie hard to find HW, SW, network, system admin., on and on, engineers.

Of course, with your opinion, you should avoid Cisco stock like the plague.

Tony