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


To: American Spirit who wrote (48319)2/7/2001 2:08:59 AM
From: Yaacov  Read Replies (1) | Respond to of 77400
 
Hi, read your post and couldn't disagree. This is a company that for 14 Q's has beaten the estimate, and now for missing by one penny, is being punished??



To: American Spirit who wrote (48319)2/7/2001 6:08:55 AM
From: KyrosL  Read Replies (3) | Respond to of 77400
 
<Miss by one penny>

Cisco did not just "miss by a penny." Its inventories swelled, its receivables ballooned, and its operating earnings (as opposed to the reported earnings that include investment gains) have been stagnating for more than a year.

It looks to me that it deserves a p/e ratio of less than twenty. I will consider it a bargain, if it drops in the single digits.

Kyros