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

To: Wyätt Gwyön who wrote (52718)	5/9/2001 2:35:23 PM
From: uu	Respond to of 77399

Dear Mucho: > i never said csco is about to go bankrupt. the key is to find a point where the stock has value going forward. I am not sure if I understand you! You stated: a) Cisco is losing money (which is true, they lost $2.89 billion). b) Cisco has negative sales growth (which will translate into less revenue for the company which will eventually result in mor losses for them). They keep losing money till they run out of cash at which time they have to file for chapter 11! Therefore based on "YOUR" understanding of the company's business I am a bit confused why you want to invest your money in such a company even at $3/shr price! Even if you can buy the shares at $3/shr price at what price do you expect to sell the shares when the company is having such negatiuve sales with huge losses accumulating?! But I guess I kind of understand your situation. You see even though I know of all the problems in California (e.g. rolling blackouts, fire, earthquakes, riots, etc.) I still want that beachfront property in San Diego! The only problem is the seller is so stupid he does not want to sell it to me for $10K and instead is asking for $1.8 million! That crazy son of a b* does not grasp the problems that house has or potentially can have!! What should I do?!! I really need your help to articulate all the negatives with living in California so that son of a B* seller can sell the house to me for $10K. I am truly disappointed that you have declined helping me in this manner. I think you will be really good at it. Oh well... Regards,