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


To: michael97123 who wrote (50665)3/29/2001 11:53:06 AM
From: GVTucker  Read Replies (2) | Respond to of 77400
 
Actually, LU selling for pennies isn't that outlandish a projection. The market is already pricing a possibility of bankruptcy in their debt.



To: michael97123 who wrote (50665)3/29/2001 4:02:05 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 77400
 
Cisco declined because of a unique set of business circumstances not because of company specific stuff a la lucent.

Yes, indeed. CSCO can do no wrong. Let's just forget about the shady vendor financing, 40 or so acquisitions at ludicrous prices (all at the expense of Shareholders' Equity) from 98-00, "no visibility", and a 4,000% increase in stock price from March 1995 to March 2000 without an equal response in fundamentals.

If we take out those small things, yes, your point is valid - great post as usual.