The Wall Street Transcript Publishes Money Manager Comments on Cisco Systems.Business Editors NEW YORK--(BUSINESS WIRE)--Aug. 23, 2000 NOTE: This money manager interview is presented with the aforementioned a·fore·men·tioned adj. Mentioned previously. n. The one or ones mentioned previously. aforementioned Adjective mentioned before Adj. 1. company's full knowledge and permission. Stephen Humphrey, Investment Team Leader for Lord, Abbett & Co., examines portfolio management strategies in this timely and deeply informative 5,300-word interview from The Wall Street Transcript A generic term for any kind of copy, particularly an official or certified representation of the record of what took place in a court during a trial or other legal proceeding. A transcript of record (212/952-7433) or http://www.twst.com/info/info158.htm. In a valuable review of investing strategies, Stephen Humphrey explains his approach to managing money and offers specific stock recommendations. Humphrey reports, "We don't worry so much about the multiple; we worry about the fundamental performance. We like companies that beat the socks off the competition, and we'll let the stock price take care of itself. I've been managing money for over 20 years, and over that period of time I think I've identified ways of knowing the best-in-class type of companies." Humphrey highlights Cisco (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ), "Cisco tends to be a model of the type of company that we like to own. Cisco is strong in most of the types of metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. that we look for: strong, consistent and accelerating sales and earnings growth, and essentially the company dominates its traditional markets. Cisco makes routers, switches, concentrators and hubs supported by packet switch technology, and we couldn't really have an Internet without Cisco, which has proved its mettle met·tle n. 1. Courage and fortitude; spirit: troops who showed their mettle in combat. 2. Inherent quality of character and temperament. utilizing the de facto standard Hardware or software that is widely used, but not endorsed by a standards organization. Contrast with de jure standard. de facto standard - A widespread consensus on a particular product or protocol which has not been ratified by any official standards body, such as ISO, profit model which has as its underpinning un·der·pin·ning n. 1. Material or masonry used to support a structure, such as a wall. 2. A support or foundation. Often used in the plural. 3. Informal The human legs. Often used in the plural. network economics." To obtain this insightful 5,300-word report, call 212/952-7433 or see http://www.twst.com/info/info158.htm. The Wall Street Transcript is a premier weekly investment publication interviewing market professionals for serious investors for over 37 years. The Wall Street Transcript has launched a new free service where investors can ask the above company (or any public company) a question at http://www.qawire.com. The Wall Street Transcript does not endorse the views of any interviewee nor does it make stock recommendations. |
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