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

To: Haim R. Branisteanu who wrote (51533)4/16/2001 8:23:27 PM
From: Clay Takaya  Read Replies (2) | Respond to of 77400
 
I don't own the stock having sold in the mid-50's, but to talk of criminal conduct here is overreacting IMO. Last year all we heard about in the summer was parts shortages. It was the excuse du jour for missing the quarter. I find it hard to blame CSCO for ramping up its inventories to counter this problem and then being caught up in a monumentally fast slowdown. I am not even sure this counts as bad management.

This is what CSCO says happened and to the best of my knowledge it is accurate. If you think something criminal has happened with regard to inventories, let's hear your ideas.

Clay



To: Haim R. Branisteanu who wrote (51533)4/16/2001 8:53:39 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 77400
 
So, what you're saying is, they should be sued and go to jail, because they did a bad job predicting the future. If that's the criteria, we need a jail big enough to hold 6 billion people, including me and you.


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