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

To: Wyätt Gwyön who wrote (52670)	5/9/2001 10:04:31 AM
From: michael97123	Respond to of 77399

Mucho, When this period is analysed we will see hyper growth period for cisco averaged in with this current one. Then we will get a clearer picture of revised annual growth. For Cisco we need to determine where the base business is when growth returns, plus the expected ongoing rate of growth. Thats how you determine a multiple and stock price going forward. I do not believe that there was much cisco could have done to protect themselves from this fast moving inventory correction and overall IT slump. Were they to refuse orders or not prepare for orders that were coming? Did any other company fare better? I, for one, am not worried about Chambers leadership. This is not a lucent situation. Most of the time dominant companies come out of these funks with increased market share as marginal co's fall by the wayside or are scooped up by the ciscos of the world. Chambers said that when aquisiitions return, they would be able to buy more proven tech and not be forced to speculate as much with new co's as they did in the past. mike PS It would be very good for the markets to rally by days end and get above 11k, 2200 and 20 for cisco. The internals here look strong to me. Back in February this would be down 150 day for naz. I am not expecting that.

To: Wyätt Gwyön who wrote (52670)	5/9/2001 10:38:24 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77399

Mucho, just bite the bullet and sell your Cisco shares. Then go but it in Exxon. It will make you feel much better. I don't think from the tone of your posts that you can stand the type of volatility that Cisco is experiencing. It may just be too much risk for you. I'm not being sarcastic here, I'm being truthful.

To: Wyätt Gwyön who wrote (52670)	5/9/2001 11:55:08 AM
From: uu	Read Replies (2) \| Respond to of 77399

mucho: ...wanting to pay $22 billion for a business selling for $150 billion which is losing money hand over fist and only has an annualized $17 billion in sales, with negative sales growth. hmmm, i guess i feel $22 billion is quite generous. Actually, just think about the following concepts: a) In order to make money you need to buy low and sell it high to someone who thinks what you are selling him is worth much more. b) By your understanding of CSCO they are losing money, with negative sales growth, and therefore based on the numbers you pointed out even $22 billion is too much, and you are genuinely being too generous here. So why on earth you want to throw your money away by investing in a company that is losing money and has negative sales growth?!! c) Therefore even if you buy CSCO at $3/shr, dont you think selling it at any higher price would be impossible. After all based on your understanding of the company and the rate at which it is losing money and not growing its sales, the company will soon be filing for chapter 11. Conclusion: Your stock picking needs to be improved dramatically! I think you should go after some other stock whose underlying company will not file for chapter 11. And obviously CSCO (based on your understanding of its underlying business) is on its path to file for chapter 11. I just do not see why you even bother considering buying the stock at $3/shr?! Regards, P.S - Can I hire you as my agent to talk to the owner of that beachfront property in San Diego, and convince him to sell his house to me for $10K? I think if you keep bringing up the earthquakes and the energy problems in California (in addition to mentioning that there are fires in Malibu, and occasional riots in Los Angeles) will finally convince him that his property is really not worth any more than $10K and not the ridiculous $1.8 million he is asking!! I would really appreciate your help with the purchase of this property. And I pay $500 (all cash) if you can make this deal happen. So how about it?