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


To: t2 who wrote (54967)9/6/2001 12:00:02 AM
From: larry  Read Replies (2) | Respond to of 77400
 
Well, if CSCO aggressively buys back its own shares, it will backfire because it will report less interest gains, thus pushing its impressive proforma bottom line number to negative territory.

I am not sure that a shrewd business man like Chambers will do that after cheerfully claiming business is stabilizing for the mighty CSCO after 2 weeks into a new quarter. What a farce.:)

I do believe that you will get your price of 10-12 in the near future. In the long run, that will prove to be a very decent UNLOADing price. It's never too early to sell CSCO before it reaches its deserved fair value.

Also, I am not sure that CSCO will be the lead company in the next hot run of networking field. There was a huge debate about IP protocol(over its incompatability with QoS) in the recent two IETF meetings. To CSCO's surprise, it's seeing its dominating force in the IETF diminishing fast, which, actually, should cause more fear to Mr. Chambers.

enjoy,
larry!