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

To: RetiredNow who wrote (55574)	9/22/2001 12:10:12 AM
From: Stock Farmer	Read Replies (2) \| Respond to of 77400

mindmeld: This is too much. Are you suggesting that Cisco the company should be manipulating the price of its stock? With its own cash? With a Price to Book ratio greater than One? I think Cisco management should worry about getting the engines of the business turning over. Advance the real value of the company and show the market what that is. They should be figuring out how they are going to generate a guaranteed 75 Billion dollars in profits in 2001 dollars, adjusted for inflation and dilution. Because unless they know how to generate 75 Billion in profits, well they aren't worth $10 a share. And I mean profit. Not "pro-forma" please don't count this one time thing again accounting gimmickry. Money spent is not profit, even if it doesn't represent what you might some day plan to do. Not double-counting using inventory magic either. Or ponzi-stock-option shareholder borrowing. Or "unrealized" gains that never materialize. No, I mean legitimate profit. If you draw the graphs they aren't exactly on this trajectory at the moment. And getting them on that trajectory is what the management should be doing. They should not be manipulating the apparent value of the company. I am flabbergasted you would suggest that they do. John.