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

To: John Koligman who wrote (47413)	1/29/2001 9:55:06 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

Well, to a certain extent, Chambers has been correct. Lucent is a pile of shit now. The only two left standing are Nortel and Cisco. Of course, Alacatel isn't chopped liver. I still think there is plenty of room for all of these biggies to grow over the next couple of years.

To: John Koligman who wrote (47413)	1/29/2001 1:23:50 PM
From: richard w allgaier	Read Replies (1) \| Respond to of 77400

Only in your dreams can CSCO not go to 10 Rick

To: John Koligman who wrote (47413)	1/29/2001 1:43:00 PM
From: Tony Viola	Read Replies (2) \| Respond to of 77400

John, >I always smile when someone says 'a stock can't go to 10 unless there is a depression'. In 1983 I listened to IBM executives predicting 100 billion in sales before that decade was out. In 1993 IBM stock hit a split adjusted 10... That's apples and oranges as you know. IBM went into a period when they lost billion of dollars per quarter and laid off tens of thousands, if not a hundred thousand people. The mainframe was going off the cliff (but didn't quite), and Gerstner's predecessor (Akers?) didn't react soon enough to the new compute paradigms taking place. Do you see anything like this in Cisco's future? Tony

To: John Koligman who wrote (47413)	1/29/2001 2:57:35 PM
From: Wyätt Gwyön	Read Replies (2) \| Respond to of 77400

Since they can't even predict one month out with any accuracy, why the heck should we believe their six-month forecasts? The risk premium increases as more and more companies miss or lower expectations. Cisco is but the latest failure, or apparent failure. I think EMC will become the new Cisco, i.e., the large-cap tech growth bellwether, because Cisco itself seemingly is not up to the task. Meanwhile, it seems Cisco will become the next Dell, i.e., a former highflyer whose glory days are past... It is ironic that we beancounters harangue the company for their financial doings. Wall St. and Main St. showed great intellectual ability to withstand the onslaught of truth in these matters. But in the end, alas, it is slack demand that gets the best of them. Just like Dell. When a company's revenues are rocking, it seems Wall St. cuts them an incredible amount of slack. But when the tide turns, those high valuations can come home to roost. Bawk bawk! All the above just my humble opinion.