Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Victor Lazlo who wrote (63582)	4/17/2003 1:58:10 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 77400

csco is basically a bank these days. too much cash, too little growth. Believe me I know exactly what you are saying and I would agree completely, except for the experience of my neighbor who was employed at IBM in the darkest days (early 90s, the company essentially "fell apart")- all of us wondered why the heck he was hanging around there, IBM seemed totally stagnant and then lo and behold, 6 years go by and he has made a fortune and has a great future with the company while the rest of the block are a bunch of unemployed dot-commers. I don't know what the investment climate will be like 5 years from now. I hope we will have a robust market again for tech with 3x the volume we have today, people interested in stocks again, foreign money back in the mkt. If that happens cisco will whack small companies like FWHT as an investment, this is long term. We know what the fixed costs at Cisco are and what the GMs are in this mkt, personally I forsee a time in the not-too-distant future where cisco brings in 3x the cash flow that we are seeing now, or maybe even more. I just think it could be an IBM situation one day. Flame away, ok.