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

To: RetiredNow who wrote (21670)	2/2/1999 4:55:00 PM
From: DownSouth	Read Replies (1) \| Respond to of 77397

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. Worth repeating!!

To: RetiredNow who wrote (21670)	2/2/1999 4:57:00 PM
From: Eric	Read Replies (1) \| Respond to of 77397

mindmeld Right on! A split right now would be totally wrong from a long term perspective. Chambers has a very good handle on valuation! Eric

To: RetiredNow who wrote (21670)	2/2/1999 6:00:00 PM
From: stockster	Read Replies (1) \| Respond to of 77397

Everyone should keep in mind that cisco gives stock options every year to employees and they usually get set anywhere around Mar-Aug. If we follow Chamber's thinking on motivating and retaining employees then "not announcing the split now" makes sense. If the stock slips a bit in the next month or stabilizes then it will give the company an opportunity to set the stock option prices before the next run. If they had split then the prices would have been set much higher and employees would not have been very happy for atleast awhile. my .02