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: Uncle Frank who wrote (63718)	4/22/2003 4:22:58 PM
From: Lizzie Tudor	Read Replies (4) \| Respond to of 77398

I am still missing how Cisco cooked up 21 billion in liquid assets after operating at a loss since day one. I still don't quite get that. Since the most recent employee badges have #40,000 on them, lets assume 40K employees or thereabouts over Cisco's lifetime. This is a gross, gross overestimation because contractors are also given badges, and in general are not eligible for options. These include the restaurant workers, fitness services... oh, all kinds of things. 21 billion / 40K "employees" = 525K per employee. Each employee paid in 525K in options exercise payments. Mystery solved :-/

To: Uncle Frank who wrote (63718)	4/23/2003 1:33:21 AM
From: Stock Farmer	Read Replies (1) \| Respond to of 77398

Not very intellectually honest of you to post about missed opportunities that you also missed Wouldn't this be a fairer picture of Cisco's performance while you have held it Frank? Since Mid 98, that is: finance.yahoo.com As far as "An opportunity for riches, wasted by obsession with accounting issues"... well, it could be worse. It could be an opportunity for riches wasted by obsession with Gorilla Gaming siliconinvestor.com We can only hope to avoid your understanding of growth stocks Frank.