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To: chic_hearne who wrote (4937)8/14/2000 10:53:12 AM
From: Tony ViolaRespond to of 275872
 
Oh yeah, and your IBM would have a cent of profit in the last few years without their stock buybacks? People who live in glass houses...

Cisco is plowing their money back into the business, like building a 20,000 headcount campus in South San Jose. That'll help them get to the 50 billion revenue mark in a few years, and the profits will be great also. Cisco is in the right place at the right time, building out the Internet. They are the envy of any company's CEO or CFO. Sure, their market cap is way up there, but I don't believe in barriers that are powers of 10, like DOW 1000, DOW 10000, or Cisco 1 Trillion.

Tony