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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (12637)	3/13/2001 11:53:24 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 30051

Chambers indicated CSCO may buy back some shares (I think to cover what is issue in options). Again why don't they wait till the stock gets back to trading @ historical range. Just goes to show even good managers can make the mistake of managing the stock price versus managing the business. I guess things are worse than we thought @ csco. Last year TYC invested in a company FBCE @ $6 and some change to insure fiber cable for their operations. Stocks now around $3. Just mentioning since I've seen so much talk on optics lately. Speaking of SCMR I would think the insider selling is up by now.