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

To: RetiredNow who wrote (41212)	10/21/2000 5:49:11 PM
From: t2	Respond to of 77400

Now they are starting to say that Cisco uses "agressive" accounting practices because of its use of pooling of interests and taking the employee options exercise deduction. What a freaking joke! This is a campaign to malign the company and bring down the stock price. It's alos a campaign of sensationalism brought on by folks who can't get media attention any other way. Unfortunately, the majority of people who read these articles aren't educated in accounting practices, so they take the writer's word for it. How extremely disappointing. True. Majority of people reading these articles are not educated in accounting practices. I do think the mutual funds are well aware but the retail investors may be shaken out of their shares. The article in Barrons was probably known in advance by active traders who took advantage of selling and maybe anticipating a drop to buy it Monday. These accounting stories can be played only for so long. I have seen enough of these to think they are going to be ignored by the time we trading starts Monday. I am going to be buying if I get the chance to pick up the shares cheap. Also think that as we get closer to Cisco earnings, we will ramp up signifantly more than the Nasdaq itself. I think Cisco will be playing catch up---just like Microsoft did this past week. However, I don't believe funds/individuals will wait around until earnings to load up. I don't think anyone wants to miss out on a major move in a big cap tech stock seeing what happened with Microsoft. Remember that MSFT had doubts due to PC demand while Cisco's Chambers made it pretty clear that demand is out there.