Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RetiredNow who wrote (52028)	4/22/2001 4:24:17 PM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 77400

I am not so stupid as to bet CSCO will be under $5 by the end of THIS year. This is one of the most manipulative LARGE companies working in an environment alongside one of the most manipulative Federal Reserve's in the history of mankind. CSCO's problems are long-term structural and related to their massive buying binge, options splurge, and total irreverance for Shareholders' that has created a monstrous 7.5 billion share float that will never probably never be forgiven. The company lacks insight into innovation and only understands how to acquire companies at large premiums and write them off in one times charge later on. I say this because the company has proven that it does not deserve to stand a long the ranks of a GE or MSFT due to the intense cyclicality of its earnings and its growth strategy. CSCO's valuation is better compared to a oil service or forest product company. In that context, the stock has become a trading vehicle - at best, as opposed to a long term wealth creation vehicle.