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

To: Don Pueblo who wrote (42702)	11/6/2000 8:00:42 PM
From: Ed Forrest	Respond to of 77400

Bambs, you might be assuming that Mr. Chambers is either misleading people, confused, or ignorant. TLC You are giving a very apt description of bambs himself.:) Ed

To: Don Pueblo who wrote (42702)	11/6/2000 9:06:52 PM
From: bambs	Read Replies (1) \| Respond to of 77400

let's think about this...print 80 million shares a quarter...at $50 that's 4 billion dollars worth of stock a quarter or 16 billion a year. CSCO earns 11 cents a share. 320 million new shares times 11 cents...$35.2 million in earnings is all that is needed to keep the p/e the same. These numbers are crazy....This company can give away 16 billion in stock and only have to make another $35 million in actual earnings to keep things shareholders happy? Seems crazy to me...but what they hell do I know? I guess I should stop worrying about the "long term" and just buy some csco in the morning when the analyst's tell me its good stuff. Bambs