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


To: Stock Farmer who wrote (48521)2/8/2001 10:54:19 AM
From: kvkkc1  Respond to of 77399
 
ot: True Cramer. 6 months ago or so, he was calling retailers the worst investment in the world. His opinion is worth about as much as my dog's crap.knc



To: Stock Farmer who wrote (48521)2/8/2001 11:26:57 AM
From: Monty Lenard  Read Replies (1) | Respond to of 77399
 
Not Creamer. Lordy I agree but I still think he is crazy looking in the eyes.

Monty



To: Stock Farmer who wrote (48521)2/8/2001 3:16:22 PM
From: Eric  Respond to of 77399
 
John

I have to agree with Cramer too. His arguments pretty much jive with what I think.

Some on this thread want Cisco to go to $10 or less a share. If that really happened I would not own the company. I am willing to pay a premium for growth, there is a very good reason for that. The Internet has a long, long ways to go before it is built out to the bandwidth and speed it will ultimately achieve and the rest of us need.

The critical thing for Cisco to do is meet the threats of this current economic environment to be ready when things pick up. They will still make money here but the deck chairs got rearanged and Chambers knows that. During the CC he said a number of times that his number one goal was to get the company structured for profitability. If he and his management team can succeed (which I am very confident) then things should be much better for the company in about six months. I expect them to make some further announcements in the next month to address these concerns.

Chambers is fortunate that the company is not too vertically intergrated. They can turn pretty fast. That sure can't be said for a lot of other companies!

Eric