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To: H James Morris who wrote (130541)8/25/2001 10:51:59 PM
From: Victor Lazlo  Respond to of 164684
 
CSCo is dead money for at least a yr. if not longer. In metro and wireless, the only growth sectors, they are a complete no-show. Not even contending.

75% of their 'earnings' are coming from interest on cash. Anybody want a MM fund?

And once they use up that now-free components inventory that they already supposedly "wrote off", it's going to get even worse.
Victor



To: H James Morris who wrote (130541)8/26/2001 1:29:24 AM
From: fedhead  Read Replies (2) | Respond to of 164684
 
I was surprised by CIEN's shortfall so I would steer clear of that sector till visibilty improves or use tight stops on any purchases.

Anindo


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