Mlsoft...I do not doubt that many others are doing the same, But when Chambers came on CNBC, looked sincerely into the camera, and said that he woud never sell the inventory that he was about to write off....well the veil of sincerity wore thinner and thinner as time played out.I was at a party with an analyst from San Francisco who was touted by the Wall Street Jounal at one time as one of the top analysts is the country. He told me that the economy was turning around because Cisco was going to earn 4 cents for the quarter. This was a few quarters ago. I replied that he must be speaking of proforma because the bottom line said they were going to lose 2 cents, but that I could be wrong. He looked flabbergasted and assured me he was not talking about proforma results. We finally dropped the subject but both agreed to check it out again on our own. I turned out to be wrong.... Cisco actually lost 4 cents that quarter. The point is that this was one of his his main companies and telling his clients that happy days were here again because Cisco was making money again. When I saw him again he declined to bring up the subject. I had never had a high reguard for analysts but this was the proverbial straw. Anyway, I appreciate your views as well as many others on this thread. I just wish my posts looked like I type them before they are printed and all bunched up. Good luck to all. Benj
