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

To: Stock Farmer who wrote (40264)	9/29/2000 6:48:29 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

On the contrary, I have operating cash flows and revenue growth rates decreasing from 50% to 30%. In addition, I have price per operating cash flow per share decreasing from 50 to 30. I unlike others don't believe that there will be a sudden and unexplained collapse in Cisco's multiple. More than likely they will come down over time steadily. And why would people pay $30 for $1 of annual operating cash flow per share? You tell me. I don't know why they do, but they've done it consistently for the last 10 years. Do you expect anything to change in the next 10? The fact is that people consistently pay a premium for quality and for growth. This is what Cisco is all about. Also, operating cash flows are not the same a net operating free cash flows. The concept of free cash is a different animal. Anyway, you should invest the way you feel most comfortable. I know I do. I feel comfortable that I will double my money in 2-3 years and triple it in 5 years by owning Cisco. This is peanut returns to most people, but they are just fine for me.