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To: H James Morris who wrote (136925)1/13/2002 5:19:07 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Amazing how poor the prospects really are: "A new study by Robertson Stephens estimates that even if Cisco grew at 20% annually over the next 10 years, to $100 billion in sales, and sustained operating margins of 15%, an investor who bought the entire company at its current market value would earn a measly 3% return a year, based on projected cash flow. They'd be lucky to do so well. The chances of hitting that 20% growth target now seem a stretch."



To: H James Morris who wrote (136925)1/14/2002 3:50:34 PM
From: fedhead  Read Replies (2) | Respond to of 164684
 
Usually a negative cover story on business week, Fortune etc is indicative of a bottom, just like a postive cover
story in these periodicals is indicative of a top. The time to sell Cisco was when Fortune had Chambers on the cover and the possibility of Cisco bieng the first trillion dollar company. These periodicals always get on board a trend just when it is ending.

Anindo