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: Stock Farmer who wrote (62274)11/6/2002 5:29:24 PM
From: Wyätt Gwyön  Respond to of 77400
 
CSCO only earned 8 cents a share GAAP, which annualizes to 32 cents. of course, that doesn't count options.



To: Stock Farmer who wrote (62274)11/6/2002 6:11:36 PM
From: Ed Forrest  Respond to of 77400
 
Spin it however you want Ed.

I won’t be wasting my time doing that.

I’ll leave that to idle minds.

Have at it.

Draw your own conclusion.

Any conclusion drawn by a message board poster carries no weight whatsoever.

As always the market will be the final judge and therefore I’ll let that govern my investment decisions.



To: Stock Farmer who wrote (62274)11/6/2002 6:55:43 PM
From: RetiredNow  Read Replies (2) | Respond to of 77400
 
Hey John, be fair now. :) Shareholder's equity did decrease, but equity per share actually increased from $3.84 to $3.90. So they are doing something right.

Also, the quality of their balance sheet is improving dramatically. In other words, book value of the company less goodwill and intangibles continues to rise. Another positive for the company. Anyway, I just updated my discounted cash flow spreadsheet. My estimated values of Cisco using various discount rates are as follows:

0% - $15.45
1.41% - $12.96 (today's close)
7% - $8.01
8% - $7.57
9% - $7.20
10% - $6.89

Notice that at today's closing price, if you purchased shares at that price, you can expect an average annualized return on your money of 1.41% over the next 30 years. Good luck folks!