Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: fedhead who wrote (129792)	8/8/2001 7:24:40 PM
From: GST	Read Replies (1) \| Respond to of 164684

How much lower? At 25 times sales for a company in one of the worst sectors in the market (telecom equipment) -- how about 5 or 10 times sales? Still a rich valuation, but down another 60 to 80 percent from here. That, to me, is a whole lot of downside risk, and surely hard to characterize as a bargain. To me it is just one more grossly overpriced piece of paper -- again, nothing personal, but I want to offer another view to consider.

To: fedhead who wrote (129792)	8/9/2001 11:49:30 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Anindo, can you help me out here? >"Growth for long haul optical systems has moderated significantly this year, while demand for optical switching systems and metro optical systems is rising rapidly" "As a result, this transition is creating a significant opportunity for companies exposed to the metro DWDM, optical switching, and MSPP markets" Report notes Companies with sizeable opportunities: MSPPs and DWDM Gear Makers: CIEN, ONIS, FIBR, SCMR, TLAB, TELM >What do you think Chambers meant by this? I thought optical was the last great hope. >He added that Cisco would continue to reorganize its business to concentrate on more profitable products. He highlighted several concerns. These included issues in its optical networking business, which has been "dramatically" lower than anticipated. And there is a danger of further rapid declines in orders because of potential of problems within different customer industry segments.