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

To: The Phoenix who wrote (44447)	12/12/2000 5:02:39 PM
From: Eric	Read Replies (2) \| Respond to of 77400

Gary I listened to the Cisco conference call a few days ago and I remember the CFO saying that Cisco had roughly $625 million budgeted for vendor financing and that it was not all drawn on. Compared to LU and NT that's peanuts! They are into this for Billions of $$$ and a lot of that supports old legacy equipment. Cisco sure doesn't have that problem! As you know Cisco doesn't sell "Old World Telcom Equipment", that's NT and LU's world. IMHO Cisco is still an excellent investment going forward. A year from now people will realize what a bargain it was when it touched 45. But I guess some people can't look out of the hole their heads are stuck in. To each his own. Eric

To: The Phoenix who wrote (44447)	12/12/2000 5:55:48 PM
From: bambs	Respond to of 77400

last question, what do you see here? bigcharts.com Do you think we are at the bottom? bigcharts.com I think that you attempt to use your understanding of macro issues and apply them to companies and markets you know little about. CSCO has just begun to execute in a number of huge markets. Their growth continues unabated. You are guessing. If you think that CSCO will slow... please tell us why rather than just saying it's so because you say so. Have listed many reasons why csco's growth will slow many times. I will continue to list them. I think you make many assumptions about me but you are dead wrong. You and others always incorrectly assume that I am short. Or that I know nothing about tech. Or that I was a bear for the last 5 years and was wrong and missed out on making big money. Or that I don't understand routers...or fiber...or clec's...or what ever. cap ex spending will slow...clec's will get into further trouble...competition will increase...it's harder to grow as you get bigger....gains from investments won't be had so easily...dot.com's will continue to fail...vendor financing will hurt csco to some degree...the stock option games will come back to haunt csco shareholders...it puts a cap on the stock...dilution will also hurt "actual earnings"...a p/e of 120+ is crazy for a company of csco's size with actual earings stalled at 11 cents for 3 of the last 4 quarters. What will "actual earnings" be next quarter? 11 cents? More? Less? When will actual earnings grow and the p/e come down? Actual earnings need to grow big time just to keep up with the dilution on the stock by csco management. The list goes on. I have even taken the time to do long term revenue and earnings growth for csco and I believe that my numbers clearly show that csco is a stock for risk takers...not long term buyers. Like most techstocks in a few years you will see that csco's chart looks like Mt. Everest. People will be asking, "what were we thinking"? Just like Dell, LU, INTC, MSFT, ORCL, SUNW, NT, IBM and all other big cap tech that has seen it's better days. Talk about the products all you like...tell us why csco is the best at everything they do...one thing though...don't go calling stocks like csco a long term buy when you clearly don't under stand how bubble markets end...HARD LANDING! Once again, I'd like to say that I think I have a good understanding of CSCO's business and management's plan. I think I have a good understanding of bubble markets and macro economic conditions. I think you are not looking at macro conditions enough...I think you don't understand how bubble markets always end. Bambs