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

To: PMS Witch who wrote (50333)	3/25/2001 9:17:56 AM
From: High-Tech East	Read Replies (3) \| Respond to of 77400

PMS Witch ... your input please ... I would not be surprised that the latest rumors about Cisco Systems announcing a major lay-off (a much bigger one) might actually happen soon. (1) John Chambers has been talking publicly for weeks about how bad things are at CSCO. It seems like he has been trying to get everyone ready for more bad news. (2) Of all public companies headquartered in the U.S., I can not think of any company that has grown their profits in more of a fake, false and misleading way by acquiring other companies using pooling of interest accounting. Now that the economy is on the slide, and their stock is in the tank ... they may be really up against the wall. In my opinion, "Barron's" has not been attacking their accounting methods for the last year or so without having some validity to their argument. (3) If I set my stops tight enough, maybe I will short it - don't hold me to that though, that is a very high risk move. What do you think, PMS Witch ? Ken Wilson I love your name!