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


To: RetiredNow who wrote (62603)1/3/2003 8:58:22 PM
From: Freeflight  Read Replies (1) | Respond to of 77400
 
Larry Carter's retirement will drop stock? Don Listwin (VP MARKETING)quit, Gary Daichendt(VP SALES) quit, Kevin Kennedy (VP SERVICE PROVIDER)quit, Bill Nuti (VP ASIA) quit, Don LeBeau (VP FIELD SALES) quit, Carl Redfield(VP MANUFACTURING) quit, Pete Solvik (CIO)just quit, Steve Behm(VP CHANNELS) quit Bill Conlon(VP SERVICE AND FIELD FINANCE) quit, Barbara Beck (VP Human Resources) quit, Dick Moley (CEO OF ACQUIRED STRATACOM) quit-and helped start Juniper?). Who is remaining to run the show at Cisco? Just John Chambers, Mario Mazzollo and James Richarson? Carter (CFO) quitting is a big deal! Lots of balance sheet cash built up by previous Cisco dream team. Seems the new management is like the Government.



To: RetiredNow who wrote (62603)1/4/2003 1:27:03 AM
From: rairden  Read Replies (1) | Respond to of 77400
 
About 7,330,000,000 shares outstanding?
That is the supply of CSCO shares, and growing slowly.
What is the demand for CSCO shares? Enough to fetch $13.91 today.
I guess demand for shares will increase if CSCO increases profitability.
Or if some other reason for optimism arises.

California deficit, about $35,000,000,000 over next 18 months?.
Will they try to close this budget gap by taxing the internet?
Specifically, sales/use tax on internet purchasing?
They think there's a billion dollar leak here.
Just another example of challenges still faced by the industry.