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

To: Jimbo who wrote (24589)	4/23/1999 8:05:00 AM
From: Glenn D. Rudolph	Respond to of 77397

CSCO: OLDE DISCOUNT decreased estimate for fiscal year ending 07/99 from $1.48 to $1.47 on 04/21/99 CSCO: SOUNDVIEW TECHN has reiterated estimate for fiscal year ending 07/99 of $1.49 on 04/19/99 CSCO: SOUNDVIEW TECHN increased estimate for quarter ending 04/99 from $0.37 to $0.38 on 04/19/99

To: Jimbo who wrote (24589)	4/23/1999 10:40:00 AM
From: Wanderer	Respond to of 77397

Jimbo, Like most high quality high growth stocks in this market they are probably a little ahead of themselves. That can have a big impact short term (but who knows), but doesn't mean too much for long term investors. Wanderer

To: Jimbo who wrote (24589)	4/23/1999 10:41:00 AM
From: RetiredNow	Read Replies (5) \| Respond to of 77397

Well, I have two things to say: 1) Those complaining about the tight trading range on this board have essentially announced to the rest of us that you are short term thinkers. Cisco is extremely high in relation to historical valuations. It is high because of the Internet frenzy. Chambers is a master at managing earnings expectations and managing the stock price. He knows that Cisco is at risky levels and knows that for some illogical reason splits fuel stock price appreciation. Therefore, he has held back until earnings can catch up with the stock price. That leads to the next thing I want to say. 2) Because of the above, Chambers almost certainly won't announce a split this quarter. I will bet anyone on this thread that he won't announce a split until, or shortly after, the 7/99 quarter. In addition, I bet it will be a 3/2 not a 2/1. All of you complaining about no split have either lost touch with how companies are valued or you just want the price to appreciate in the short term to make short term profits. The long termers would prefer price stability and predictable, sane increases over the long term. Predictability means less risk. John Chambers is simply unmatched at giving us the least risk for these kinds of returns.

To: Jimbo who wrote (24589)	4/23/1999 4:13:00 PM
From: DownSouth	Respond to of 77397

You asked so here goes: CSCO's historically high valuation is not playing well during the boxmaker scare. As we run toward earnings, we will see movement according to any rumors of performance. A +$.02 surprise with good forward looking comments will propel us to $130. Any negative comments, beyond seasonality, will drop us like a rock to $100. Basically, there has been no news since last earnings. But we held up nicely last week, in spite of the rotation. (Did you ever dump the CPigQ? I sorta miss the thread, but have enjoyed the less painful form of investing.)