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


To: The Phoenix who wrote (44654)12/15/2000 6:01:14 PM
From: Eric  Read Replies (1) | Respond to of 77400
 
Gary

You are wasting your time.

He does not understand what they do.

This is a tough subject for the vast majority of people.

Eric



To: The Phoenix who wrote (44654)12/15/2000 9:02:17 PM
From: bambs  Read Replies (1) | Respond to of 77400
 
look Gary...I think the economy will be smashed next year...and not recover for years...I think telco debt levels will effect csco...I think telco bankruptcy will really hurt the banking sector (the back bone of the economy). I think this boom in the markets and the economy was built on debt and a big result of the wealth effect. The wealth effect will become the broke effect. I understand that csco's p/e is insane. I understand that cap ex spending will slow dramatically. I understand that csco will be cut in half next year. I fully expect a "financial crisis in the world markets" (like the bank of england warns of) I expect gains from investments to dry up. I expect that csco's options games to come back to really hurt the stock. I look at the fact that csco's earnings had trouble growing quarter over quarter this year and I wonder about next year. 11 cents 8 cents 11 cents 11 cents...p/e 120+ These is the start of a trend Gary....CSCO is printing shares like crazy! Shareholder value and CSCO are strangers.

Bambs

P.S. It's not just telco debt....it's all the little garbage companies on the Nasdaq with there high debt to equity ratio's and little or no earnings....you will see...I know csco's customers well enough. I know that they need to grow like mad every year for the next 10 year just to justify the current p/e...IT WON'T HAPPEN...