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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Goodale who wrote (21499)	5/8/2001 7:50:13 PM
From: DebtBomb	Read Replies (1) \| Respond to of 37746

Cisco Systems (CSCO) 20.61 +1.36: -- Update -- Q&A dragging on without any new revelations. It's amazing how little we learned on this call: guidance for the Jul qtr didn't change, there was no useful guidance for FY02, and there were indications that both the enterprise and service providers businesses were still declining. In short, no new bad news, but perhaps more importantly, none of the recent hints of good news on the enterprise front were validated by Cisco. It looks like we're in for another quarter of waiting, with few positive catalysts. Stock remains lower after hours at 19.75.

To: Goodale who wrote (21499)	5/8/2001 7:51:15 PM
From: American Spirit	Respond to of 37746

VZ - I'm holding the bag but can't understand why anyone would dump into that news. 3 bill bonds are convertible at $69.50 so someone thinks that's a bad deal which will eventually dillute the stock I suppose. But this is also a trade-off, cheap cash now which will be used to retire more expensive debt, expand fast-growing segments or make an strategic acquisition. I'm sure the math works fine for VZ whatever they are planning. I also wonder if there might be some takeover in the works which contributed to the slide. That would make much more sense. WCOM announced 10 billion in bonds today and only tanked 2%. They're also paying much higher interest than VZ. But neither company should be punished for issuing bonds. That's just business as usual. Bottomline whoever sold AH in a knee-jerk reaction to this isn't too smart unless there's more to the story. Even then VZ is headed substantially higher IMHO, will be more and more dominant going forward. I for one may buy more tomorrow. I'm not happy right now but not worried either. Holding a stock like VZ you always have to accept dips on takeovers and investments. But the pros far outweight the cons. Excellent buying op IMHO.