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

To: lawdog who wrote (38132)	7/6/2000 3:31:37 PM
From: GVTucker	Respond to of 77400

lawdog, RE: I've seen the bonds/stocks risk comment on this very thread. No I will not find the posts. And this is indicative of manipulation? C'mon now. This thread has ZERO effect on the price of Cisco and you know it. I could point you to posts on this thread that say that Cisco in going broke, that Cisco's stock is going to triple in a year, that John McCain is going to be our next president. That doesn't mean that most people believe that stuff, either. The important part of your quote from the CFA (why CFA?) guide book It was a text recommended for CFA study, not the CFA guide book. As to 'why CFA', the CFA stands for Chartered Financial Analyst. It is a designation that indicates that the recipient has passed a rather rigorous examination process in securities analysis. That's why. This does not equate to carte blanche. In fact, conservatism is applauded by American GAAP as well. Over agressiveness is what you should fear. Deception is what you should fear. And minimal disclosure and a liberal rule for write offs makes deception remarkably easy. As long as full disclosure is the rule (as it is in the US), the only way to deceive investors is with outright fraud. An investor who claims to be deceived when investing in Cisco only has himself/herself to blame, because all the relevant information is disclosed.