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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (9541)	8/9/2000 12:20:46 AM
From: CYC	Respond to of 436258

Good job, BC. Let me put in one more clownish rant. CSCO did about 5.7 B last quarter, which was a 60+ percentage or about 2.1 B growth from the same quarter last year. Remarkable, yeah? Well, what is 2.1 B to the total GDP growth in US in the quarter? Very small number, I think. Think about it. It seems that the movement of the whole stock market tomorrow is hinged on how the world perceives this growth of 2.1 B. Just be imaginative and say that if CSCO had grown only half of that amount, which would be still quite respectable, and disappointed WS with earnings of just a few cents less. It could be a totally different ball game and could cause ramifications of trillions of dollars potentially. This all makes sense, huh? And Chairman Greenspan cannot even admit that a financial bubble exists. What a clown. Nothing matters though, right? Until it does, that is.