yeah Phil... probably the humor of it (Dateline SatireWire.com) "Imagine their shock when investors discovered that Cisco WAS more than a stock - it was a REAL company with REAL products!" -e- ----- Original Message ----- From: Circusnuts To: Sent: Wednesday, June 27, 2001 1:51 PM Subject: Re: INVESTORS STUNNED TO LEARN CISCO NOT JUST STOCK, ALSO [7:10156] > am I missing something here ??? > > Phil > > ----- Original Message ----- > From: "Ian Gomeche" > To: > Sent: Wednesday, June 27, 2001 6:23 PM > Subject: INVESTORS STUNNED TO LEARN CISCO NOT JUST STOCK, ALSO COMPANY > [7:10135] > > > > INVESTORS STUNNED TO LEARN CISCO NOT JUST > > STOCK, ALSO COMPANY THAT MAKES THINGS > > Betrayed Shareholders Not Particularly Interested in Routers, Switches > > > > San Jose, Cal. (SatireWire.com) - The rumors about Cisco Systems have been > > circulating for months, but the earnings warning and plunge in its share > > price Tuesday left little doubt in investors' minds that Cisco is not just > a > > famous stock, but may in fact have been operating as a large company that > > makes complex and incomprehensible equipment related to high technology. > > > > > > "I got into Cisco two years ago because I was made to understand it was > > really the tech stock to own," said Cisco shareholder Anthony Timson of > > Rahway, N.J. "Honestly, it never occurred to me that there was anything > more > > to it. Frankly, I feel betrayed." > > > > Once considered the core high-tech holding, Cisco has watched its share > > price fall 80 percent from last year's peak. As a result, much more > > attention lately has been given to the company's market share, revenues, > and > > products, such as routers, switches, and Virtual Private Network > > concentrators. Rarely, if ever, is Cisco simply identified as a highly > > recommended stock or "surefire" high tech bet. > > > > While Cisco CEO John Chambers said he is sorry investors have had to learn > > about the company this way, he believes the public defrocking will be good > > in the long run. > > > > "Until recently, the only reason many people had heard of Cisco was > because > > our stock was famous," he said. "Now people will get to know us for what > we > > do. We'll be just like any other high tech company." > > > > Timson, however, disagreed. "Other high tech companies make @!#$ I can > > understand," he said. Message Posted at: http://www.groupstudy.com/form/read.php?f=7&i=10192&t=10192 -------------------------------------------------- FAQ, list archives, and subscription info: http://www.groupstudy.com/list/cisco.html Report misconduct and Nondisclosure violations to [EMAIL PROTECTED]
