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

To: JRH who wrote (17564)	10/1/1998 12:48:00 PM
From: Clare	Respond to of 77399

JRH: Remember, "not uncomfortable" is a double negative. It doesn't mean "comfortable". It's a non-statement, lawyer-speak... What I think is that Lucent NEEDS to keep its stock up for acquisitions. Therefore it needs to differentiate itself from the others. But it doesn't want to go on record as saying "extremely comfortable, or optimistic" for fear of shareholder lawsuit. And "not uncomfortable" is a matter of subjective opinion. If you're dead, you're not uncomfortable. Frankly I'm not comfortable with LU because it is so outrageous. It has so many write-offs, and more write-offs to come, that it's not really making any money. It's P/E is N/A and Earn/Shr is -0.03 (Yahoo) [See the article in Business Week about accounting write-offs, the one with the cut-up cartoon man on the cover]. Subjectively, I'm "not uncomfortable" with Cisco's drop today. Looking to buy more, so there! :-)