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


To: Victor Lazlo who wrote (51833)4/18/2001 10:02:19 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 77400
 
I am amazed at how folks seem so comfortable owning csco stock in these times, when in fact the co's accounting and real liabilities are a maze of tangled gobbledegook that is really quite daunting to all those who are not experienced in public co accounting

Victor, I think you will like the following quote, from Ben Graham:

The great majority of common stocks of strong companies must be considered speculative during most of the time, simply because their price is too high to warrant safety of principal in any intelligible sense of the phrase.