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


To: The Phoenix who wrote (45098)12/20/2000 9:56:23 AM
From: bambs  Respond to of 77400
 
actual earnings growth? or proforma?

bambs



To: The Phoenix who wrote (45098)12/20/2000 9:57:43 AM
From: chic_hearne  Respond to of 77400
 
Gary,

Well... according to YHOO research (where some quote earnings from) the forward PE is sub 50 on CSCO....

That just means the longs have more bad news to look forward to.

Crisco has already proven they can't grow earnings from operations anymore.

So it has to come from investments in speculative bubble stocks. Well, the easy money days are gone.

Earnings will have to be revised down and THIS HAS ZERO TO DO WITH SELLING ROUTERS.

chic