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

To: Wyätt Gwyön who wrote (51610)4/17/2001 8:55:15 AM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 77400
 
I hate to see this big of a writeoff. I am hereby lowering my buy target to $3. This to me seems rather generous at around one times annualized sales (based on latest guidance).



To: Wyätt Gwyön who wrote (51610)4/17/2001 1:23:40 PM
From: MHA  Read Replies (1) | Respond to of 77400
 
Things are NOT clear. Is Cisco buying unused routers/switches from the bankrupt companies
and writing it off. I for sure don't believe they have 2.5 Billion dollars worth of inventory sitting
in its storage. Something is fishy here !!!


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