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


To: Elroy who wrote (74609)11/14/2007 9:20:47 AM
From: Sr K  Read Replies (1) | Respond to of 77400
 
Nope. I posted earlier and you can see it in Cisco's SEC filings, that almost all revenue is in U.S. Dollars.



To: Elroy who wrote (74609)11/14/2007 9:53:00 AM
From: RetiredNow  Respond to of 77400
 
Read my post again, Elroy:

stocks like Cisco will stagnate, even though the company itself posts record-breaking quarters.


Cisco already proved that their revenues are incredibly diversified across products as well as geographies, which is why they still came out with record revenues and earnings, despite the US slowdown. Keep in mind, though that Cisco does business mostly in the US dollar, which means they aren't benefiting as much as they could have, if they did business in currencies which are rising relative to the dollar.

However, despite a good quarter from Cisco, a bad US economy turned that good news into a POOR STOCK PRICE REACTION. That's what I said in my post. Your twisting of what I said is also very typical. More evidence of your lack of factual posting.