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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: McNabb Brothers who wrote (74196)	4/4/2001 9:57:27 PM
From: Dave Kiernan	Read Replies (1) \| Respond to of 99985

CSCO dumps a lite switch. I see people saying..great they are managing things. Bull, wasn't long ago they bought it for an obscene amount. To me..that says management F-up. Last report..their Accounts Receivables increased five fold ...if that happens again...as it quite conceivably could considering all the failures of their clients...that would wipe out their Investment Portfolio which has just dropped to 3.6 Billion, and isn't that how they 'adjust' the earnings to meet expectations? I think this market has more 'tuff love' to come.