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

To: bambs who wrote (41105)	10/19/2000 12:30:33 PM
From: chic_hearne	Read Replies (2) \| Respond to of 77400

Hi Bambs, Nice call on IBM by the way. I just bought a few poots to protect my "vested" interests, but I would've rather seen better numbers and lost on the poots. I guess MSFT is telling us the mania lives on for a while longer. Two things that struck me from their earnings report. 1) $1.127 BILLION in investement income over $.55 Billion from YoY. 2) Operating income down YoY. I guess the market is trying to tell us that companies like Crisco and Softie that have their operating incomes down YoY, but make it up in investment income, deserve to trade at higher multiples than other companies that don't play along in these accounting games. Want to see a real treat? Check out the ARBA numbers. They will make your head spin there's so much garbage in their. chic