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


To: The Phoenix who wrote (44824)12/18/2000 5:58:36 PM
From: michael97123  Read Replies (1) | Respond to of 77400
 
275mm shouldnt be explained as 1/3 of a cent of earnings. Bams may get the wrong idea. This money has never shown in earnings. It was pulled out as a reserve. If they lost it all, it would be what was planned. If this is what caused todays decline, I want to both laugh at the stupidity of those who sold and cry for what it did to cisco.



To: The Phoenix who wrote (44824)12/18/2000 6:00:58 PM
From: Eric  Read Replies (3) | Respond to of 77400
 
Gary

Nice downdraft today. In a way I'd like the Fed to say nothing tomorrow so we can eliminate a lot of weak hands but there may not be too many weak hands left!

Anyway have been buying some biotechs that my dad has been bugging me for a long time to buy. He has made a ton of $$$ there the last 10 years and has made a number of friends of his millionaires the last few years managing their money.

Got a good list if you are interested.

Eric



To: The Phoenix who wrote (44824)12/18/2000 6:43:48 PM
From: bambs  Read Replies (1) | Respond to of 77400
 
what about this..

from DJN: In addition, Cisco's distribution partners have the option to return excess
inventory and receive credits for price changes, which is another area of potential
vulnerability for Cisco. "We have experienced losses due to customers failing to meet their
obligations, "Cisco said in the "risk factor" section of its 10-Q filing with the Securities
and Exchange Commission. "Although these losses have not been significant, future
losses, if incurred, could harm our business and have a material adverse effect on our
operating results and financial condition."

bambs