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: GVTucker who wrote (67894)	5/17/2005 3:39:47 PM
From: rkral	Read Replies (1) \| Respond to of 77400

GVTucker, re "Underpricing of any amount hurts Cisco cash flow directly. " Increased earnings (with flat cash flow) or increased cash flow (with flat earnings) each impact equity prices positively. So all I'm suggesting is that the direction of equity prices due to increased earnings and decreased cash flow is not a foregone conclusion. If reported earnings weren't important too ... why have company managements been fighting so hard against expensing options? It doesn't impact cash flow at all. Ron