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


To: Stock Farmer who wrote (50381)3/26/2001 11:16:09 AM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 77400
 
John,
I don't think I ever criticized Cisco for using pooling per se. I think that was other people here. In fact, I would agree w/Charles' statement that people need to do DD, but I think that's just a given.
My original point to Charles was simply that accounting issues were raised in certain articles, and these articles were severely criticized here.



To: Stock Farmer who wrote (50381)3/26/2001 11:20:42 AM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 77400
 
I would add that while it is important for individuals to do DD, sometimes the accounting gets so complex that it is impractical timewise and expertisewise for most individuals to tackle it directly. In that context, I believe articles in the financial press can be of great use to an individual--so more than anything I think it is unfortunate that individuals may criticize articles attacking their "love-stocks" instead of seeing that those articles may indeed be helpful to improving their understanding. Certainly some articles at the sites I mentioned greatly improved my understanding of Cisco's financials--an understanding I don't think I could have gained simply by looking at SEC filings myself, as I lack the accounting expertise. The articles and chat postings at grantsinvestor by Robert Tracy were particular helpful. I would note that Tracy is a CPA.