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

To: Smart_Money who wrote (57188)	2/7/2002 3:29:09 AM
From: FR1	Read Replies (1) \| Respond to of 77399

Show me just one insider who purchased stock outright .. Maybe you missed that part of the CC. CSCO itself purchased $250 million dollars worth of its own stock last quarter and said they will continue to do so.

To: Smart_Money who wrote (57188)	2/7/2002 8:33:04 AM
From: RetiredNow	Respond to of 77399

Hi Smart, you don't have to take Chambers at his word. Look at the statements. There have been obvious and substantial improvements over the last several quarters. I do agree with you that stock and option grants are making America's top executives unbelievably rich at the expense of the stockholders. However, the only thing we can do about that is to vote no, when they sent us the proxy forms. Or you can get a bunch of your fellow shareholders and sue the company to stop the practice. Failing that, Chambers is no worse than any other top executive in the U.S. Now if we just recognize that it's difficult to change that aspect of corporate America, we can focus on the things we can do, namely determine if this stock is going to go up or down. I've voting for sideways to down through April and May. This market still wants to punish, despite a good quarterly showing. Also, I think there are legitimate worries about the quality of this turn around and whether it was a natural turnaround or a hangover inducing one, created by easy Fed monetary policy and government overspending. Those are the macro things to look at. Cisco the company is kicking ass by any measure. The stock price, though, has a tougher road to travel.