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

To: Wyätt Gwyön who wrote (47420)	1/29/2001 8:49:41 AM
From: GVTucker	Read Replies (1) \| Respond to of 77400

And there's more. From Bloomberg this morning: "I have said that in economies that are growing reasonably, (Cisco) will grow 30 to 50 percent," Chambers said Sunday at the World Economic Forum in Davos, Switzerland. "In economies that slow, we will go below 30 to 50 percent. And we may go negative if it's a slowdown that's very rough, that lasts a long period of time." Now this would seem to me to be just normal cautious statements. But there's a kicker in the next paragraph: When asked whether Chambers' comments implied that San Jose, California-based Cisco may miss that target this fiscal year, which ends in July, spokeswoman Abby Smith said, "you could infer that."

To: Wyätt Gwyön who wrote (47420)	1/29/2001 9:24:41 AM
From: Stock Farmer	Respond to of 77400

Mucho - in any capitalistic economy, business growth is at the mercy of customers. Anyone who thinks otherwise should not be investing. When customers decide to slow spending, they slow spending. This translates into lower revenues and slower, neutral or negative growth for their suppliers. Like CSCO. Not much the company can do about it but ride out the storm. CSCO price has retreated from assuming it would experience glorious hypergrowth for a generation or two. But it's still got about a decade built in at current prices. Time will tell. This whole market is goofy. I'm still in my bunker. John.