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: The Phoenix who wrote (21648)	2/2/1999 4:45:00 PM
From: JRH	Read Replies (1) \| Respond to of 77397

As you know Gary, Chambers and his crew like boring, not irrational exuberance! I am happy with no split for the long run. If it dips (as I also predicted), it may be a good opportunity for those looking to get in a great company. Me, I have some money on the sidelines, just waiting patiently. Most of my money (over 1/2 my portfolio) is in this great company, and I don't anticipate getting out anytime soon! Justin P.S. What were the profit margin numbers, anyone?? Compared to last Q/Year?? Thanks...

To: The Phoenix who wrote (21648)	2/2/1999 4:45:00 PM
From: DownSouth	Read Replies (3) \| Respond to of 77397

No split, as I suggested earlier today, will result in short term weakness....as is apparently taking place on aftermarket trading. It also sends a very negative message to the market regarding managements exectations for future earnings. Totally disagree. "The market" is smarter than that. What is more important is the forward looking statements and q&a of the conf call. Aftermarket trading means nothing at all.

To: The Phoenix who wrote (21648)	2/2/1999 4:49:00 PM
From: Doughboy	Respond to of 77397

Gary, I disagree. We cannot infer "negative...expectations" from Cisco's apparent decision not to split. It was only 4 months ago that Cisco split. This stock has gotten way out in front of itself; Chambers is smart enough to see that priming the pump with a stock split at this stage is irresponsible. Cisco split in September, following its historical practices. IMO, Cisco will not split again for at least another 6 months, and the only concession they will make to the high stock price is it'll be 2-1 rather than 3-2. Patience. Doughboy.

To: The Phoenix who wrote (21648)	2/2/1999 4:51:00 PM
From: RetiredNow	Read Replies (3) \| Respond to of 77397

Gary, look at it from a management perspective. Chambers gave you insight into what he thinks of the stock's movement just a couple week ago. When asked what he thought, he said that he likes a boring stock, because it's easier to acquire and retain employees. Right now, no one can dispute the fact that Cisco is overvalued right now (from a historical and fundamental perspective). That is a problem for those of us that don't like the roller coaster. That is a problem for Cisco as it tries to get and keep its employees. The only benefit it has is that it helps Cisco acquire other companies for less stock. The only people who like the high valuation that Cisco has right now are people who are not long term holders and people who believe that Internet style valuations are here to stay. The rest of us who have been around for awhile and seen Fashions come and go, know that these Internet valuations cannot and willnot sustain themselves. In the final analysis, the only thing that counts is whether the company is making money or not. All of you who feel that you are geniuses right now because you are making brilliant trades on Internet stocks will be checking yourselves into Day-Traders Anonymous clinics alongside Gamblers Anon and Alcoholics Anon members, when the shit hits the fan.

To: The Phoenix who wrote (21648)	2/2/1999 5:21:00 PM
From: The Phoenix	Read Replies (1) \| Respond to of 77397

13 new products: Cat6000, Cat4000, Cat2948G, Voice on Cat5000 Voice/fax modules on 2600, 3600 New voice enabled cable devices Cisco1400 DSL routers Market share gains in all three lines of business #1 in gig switching and Lan Switching (Del Oro) #1 in xDSL, Cable, routers (Frost & sull) #1 in VoIP (47% share) desktop switching (36%) Service Providers (Listwin): recognizing data/voice convergence and this is the basis for the new world. New world opp. are accelerating quarter over quarter. TDM trough is growing as GTE and PSINet is moving to IP and away from circuit switching. Broad acceptance of voice in traditional SP space. Voice port bookings growing qtr over qtr MCI/WorldCom, Japan Telecom, Suissecom, and more annoucned this quarter Sprint is moving to Cisco ADSL. GSR12000 is leading (Suissecom and PSINet are using it) China is building out networks on GSR doubledigit growth in all segments 20 more SP's on CiscoPoweredNetworks (120 Now!) LU/ASND acq.:::: Viewed as formidable competitors but LU had to develop, partner, or aquire. ASND helps them with market share, and brings LU the ATM and dial market. Challenge... LU's revenue is predominantly old world dial platforms creating a difficult environment... LU will have difficulty due to weak visions, senior management departure, differing cultures, and proximity. Even so we are assuming this company will be successful and are preparing to compete. Move into Consumer Market Place. First Academia, then business, now the third phase where Consumers will be the driving force (BIG $$$$$). We're on the brink of a massive revolution!!!!! Exceed $20B in the year 2000. Strategy: Accelerate broadband access to home at a lower cost Partner with SP through CiscoPowered Network Program License of technology to manufacturers Key to drive high speed network access and infrastructure. -morecoming- MGX8850 won best of show at Comnet.