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


To: uu who wrote (52714)5/9/2001 2:27:25 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 77399
 
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.

so what?

b) By your understanding of CSCO they are losing money, with negative sales grow

if you are capable of reading a press release, you can see they lost 2.69 BILLION DOLLARS and are forecasting a 10% sequential decline.

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?!!


just because a co. loses money doesn't mean it's worthless, just perhaps "worth less".

c) 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.

you are putting words in my mouth as i never said csco is about to go bankrupt. the key is to find a point where the stock has value going forward.

Your stock picking needs to be improved dramatically!

LOL. don't talk about what you don't know.

so I take it that you will not help me to negotitate to get that beachfront property house for $10K?!


sorry, i am retired.