SI
SI
discoversearch

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 (55697)9/27/2001 12:08:39 PM
From: SouthFloridaGuy  Read Replies (2) | Respond to of 77400
 
Mindmeld. Why do you assume future positive cash flows? Why do you assume that CSCO hasn't totally written down their investments - I venture to say they are at least 50% overstated.

Cash and investments? Plenty of companies trade at a discount to cash value because they are burning cash like nobody's business.

If CSCO doesn't lay off more people and close off some capacity, they will find themselves in that same boat. I can't believe that Sun is just finally reviewing their "no layoff" policy. This superman attitude (remember, 30-50% earnings growth after the bottom fiasco?) amongst New Economy companies has to stop NOW - game over for God's sake.