SI
SI
discoversearch

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.
Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns: -- Ignore unavailable to you. Want to Upgrade?


To: Sultan who wrote (883)5/11/2012 2:22:47 AM
From: The Ox  Read Replies (1) | Respond to of 8239
 
Interesting. Thanks.

I was away from the computer yesterday. Saw the cisco report and find the market's reaction pretty amazing. Sure, the market is disappointed but lets get real. If we subtract cash on hand, $8.80/share, the stock is trading at $8. This for a stock who will generate $1.60 per share gaap earnings this year. So, are we supposed to believe that CSCO should be trading at a 5 PE?

Yes, this company is run poorly, in my opinion. Any company that sits on nearly $50 billion dollars in this day and age is suspect. I believe they generated nearly $4billion in cash flows or about 70 cents per share in the past 3 quarters yet they only pay 8 cents per quarter in dividends. Why sit on cash in this era? They could easily offer a one time dividend of $2 to $4 share and still be sitting on $26 to $37 BILLION. I wonder what the stock price would look like if they announced a $4 one time dividend? LOL

I'm curious how others see this?