Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: kvkkc1 who wrote (49524)	3/1/2001 2:51:29 PM
From: chic_hearne	Read Replies (1) \| Respond to of 77400

Dude, I've said this over and over. I don't think the world is going to end. I don't think Crisco is going away. I agree the friggin' world will be wired, mostly through Cisco routers. I think Crisco will continue to have great growth [even 20% YoY is impressive for a company this size]. MY PROBLEM IS WITH THE STOCK PRICE!!!!!!!!!!!!!!!!!!!!!!!!! Do you realize Crisco has enough outstanding shares for every man, woman, and child on the EARTH to have one????? That's what I have issues with, the same with the rest of the Naz. I don't invest in "hope", I invest in what I think is happening and is going to happen in the future. Still short Crisco. I see the abyss once the 22 3/4 level is destroyed. chic

To: kvkkc1 who wrote (49524)	3/1/2001 4:28:57 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 77400

kvkkc1, thanks for the more reasonable response. csco is not amzn, that is for sure. however, $500-600 billion in market cap was a bit excessive and needed to be trimmed a bit. it will be interesting how far it gets trimmed and what kind of growth rate it can sustain without all the dot bombs buying its stuff. they'll still do well, but how well is the question. good luck.

To: kvkkc1 who wrote (49524)	3/1/2001 6:01:24 PM
From: Stock Farmer	Read Replies (1) \| Respond to of 77400

kvkkc1 - over there we disagree, here perhaps we find the thread of agreement. Carriers haven't yet deployed a fraction of the infrastructure the world will demand as the future unfolds. So CSCO faces future demand. In this we agree fully I'm sure. Yes. But... that's in the future. In the present we have a problem. Nobody has figured out how to carry the cost and service the debt necessary to sustain what they have, let alone build more! On the Internet, everything is free - including the carriers' only source of revenue "long distance minutes??? Hmmm. Thus the jaws of the trap close. Carriers are so loaded to the gills with debt they can't borrow another dime - which dime is necessary to finish the tollbooths... which tollbooths are necessary to catch the pennies by the millions to pay off the debt... Yikes. Stop orders. Stop payment. Don't try to cash that rubber check. Please, or we'll have to turn out the lights. Meanwhile, back at the nerd ranch, half a decade's intellectual capital was tied up securing "eyeballs" - which merely blinked and moved on. As if that hasn't been the habit of eyeballs since the dawn of time. The rest were seduced by the "build it and they will come to your IPO" mania. Led by a crop of B-school geniuses who aced Marketing but never spent a day in the real world, they founded businesses to give stuff away - free shipping too. Business models based on customer accumulation. Fueled with unlimited venture capital. $2 incentives per $1 of margin. Cost laundered onto the books as a capital cost per account. Giving away more than you sell attracts consumers in droves, just like theory predicts. Revenue & Earnings extrapolating geometrically. At least through the lockup period after IPO... But someone forgot the word "sustainable". It's easy to forget that not everyone on the planet needs nor can afford multiple solutions to problems they didn't know they had. Even at half price. Sir: "Raise you hand if you want to bid on this gizmo" Madam: "Please sir, can I just have some rice?" The result: a booming infrastructure buildout grinds to a screeching halt. Imperfectly. A derailment. Thankfully, most of the planet still worries about things like food and shelter and basic transportation... Even in the USofA. Most of the planet is still engaged in satisfying these worries. So there is a real and healthy economy to fall back on while this tech wreck smolders for a while. Our human pride requires this reality to have been somehow shrouded. Visible only to a select few. Perhaps only the maestro Greenspan himself. Perhaps the investment advisors and the analysts and the hucksters and marketers and an entire industry that exists for the express purpose of parting the proverbial fools with their money. But an objective view would pin responsibility where it properly belongs. John.