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


To: Wyätt Gwyön who wrote (52916)5/12/2001 8:00:40 PM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 77400
 
My 'Dear John' Letter
fortune.com



To: Wyätt Gwyön who wrote (52916)5/12/2001 8:59:11 PM
From: HH  Respond to of 77400
 
great article.... I like the line about dinosaurs.

'...unlike Lucent or Nortel, Cisco can't fall back on deep relationships with established phone companies. "Cisco totally underestimated the importance of the embedded carriers," sniffs one telecommunications executive. "Maybe we are dinosaurs, but dinosaurs lived for a hell of a long time."

HH



To: Wyätt Gwyön who wrote (52916)5/12/2001 9:42:41 PM
From: Victor Lazlo  Respond to of 77400
 
wow, was that a photo of Chambers from, lets see, maybe 1987 ??

LOL !!



To: Wyätt Gwyön who wrote (52916)5/12/2001 9:58:09 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 77400
 
<<... everything about Cisco seemed perfect. It had a perfect CEO. It could close its books in a day and make perfect financial forecasts..>>

Well obviously that was a crock of horrsesh!tt, since they can't see beyond thier noses to give "guidance". And they never could. They just cooked the sheets to come in one penny over. Q after Q. Anyone who could not see the bull here was pure niave.

I sold csco at $68 last summer. I knew the old reliable one penny was not impressive enough, and I knew the BS crap from CSCo would not last much longer.

<<It was the leader of the new economy, selling gear to new-world telecom companies that would use it to supplant old-world carriers and make their old-world suppliers irrelevant. >>

Not exactly. CSCo never did crack the telcom nut. It never did become much for their rev statement.

"Leader" ?? please! Gag me with a spoon !! LOL ! But this is a true testament to how well CSCo spins the press- even this jaunticed journalist still believed the CSCo telcom hype in a neg article. CSCo spin machine sure is impressive- make up 'facts' ! wow!

<<According to its executives, Cisco was blind-sided by the suddenness of the economic slowdown and by the way demand for its equipment just up and disappeared. >>

Chambers and his CFO were totally asleep at the wheel. I am really, really, glad these clowns do not skipper an oil tanker- they would have done real damage to our environment.
Total incompetence.

Chambers and the CFO ought be among those laid off. Heck, who at CSCo sucks more than them?????

Any answers from our resident CSCo cheerleaders?????

Victor