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

To: Lizzie Tudor who wrote (39426)	8/12/2000 2:39:01 PM
From: Yogizuna	Read Replies (1) \| Respond to of 77398

To tell you the truth, I am not exactly happy with what I consider to be the "loose & liberal" accounting standards of today, and firmly believe that all should always try their best to err on the conservative side..... But then as you point out, what does a company who uses conservative accounting do when a competitor "blows them away" by using much more liberal methods? This subject has become a huge problem in my opinion that will eventually come back to haunt many companies and the stock market in general in years to come, IMO. Good companies are good companies, but we should always be on guard for excessive valuation levels that can certainly get out of hand because of the sometimes emotionally driven stampeding bulls that get too wild and need to be herded up before they go over the cliff..... <g> Yogi

To: Lizzie Tudor who wrote (39426)	8/12/2000 3:00:54 PM
From: telecomguy	Read Replies (3) \| Respond to of 77398

Lizze, your comment "cisco is that it is growing faster than its smaller (but also huge) competitors such as NT which are focused in the hot growth sectors" tells me you should NOT be investing in this sector! NT is LARGER than CSCO if you ever looked at their respective revenues. By the way, the networking world is RADICALLY changing and CSCO is being FORCED to change/evolve/morph into the Carrier market. There is LOT of risk inherent in this huge corporate makeover. NOTHING is guaranteed and as many astute telecom analysts have pointed out, CSCO is valued for perfection and yet they are entering into the den of existing Gorillas who have demonstrated their capability in the public networking infrastructure market. CSCO MAY pull it off -- in which case their shares will CONTINUE to be valued at the current lofty levels OR CSCO will fail partially or miserably in which case you will see your CSCO shares worth around 10% of what it is today....say a market cap of around $50 billion! Hard to believe? Welcome to the high-tech world Lizzie and if you have big chunk of your hard-earned real-world retirement savings in CSCO, I would not sleep that lightly.