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


To: rkral who wrote (66604)11/26/2004 7:46:41 PM
From: Dave  Respond to of 77397
 
Ron,

I don't follow Cisco too closely. Whether stock is "retired" or is in "Treasury stock", the result is still "similar".

AFAIK the only exception is a share repurchase when the price-to-book ratio is less than one.
That is the only exception that I know of, too! I was just building myself a "margin of safety" <ggg>

Best regards,

Dave