Re: Biggest things you look for in a stock?
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Also, you will see that companies that have been active in acquisitions often have a lot of debt.
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Operative term being "often."
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Just one example.
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Exactly.
Also, Cisco's acquisitions were probably mostly stock deals. At least those during the bubble years 1999-2001. Not sure, as I haven't really followed all their acquisitions that closely, but it would make sense. Using inflated stock currency to buy technology seems like a cheap way to go about it.
Also, how big were the deals in the acquisition list you provided? I haven't looked at any of them specifically, just wondering if you knew. Cisco commands a market cap of $120B+. When it seeks to buy a company for as much as $1B, this is much small potatoes for them.
Contrast with larger acquisitions... here are few to serve as examples:
Eastman Kodak buying Creo for about $1B
IAC Interactive buying AskJeeves for around $1.9B
Oracle buying Peoplesoft for roughly $10B
Washington Mutual buying Providian for $6.5B
-RMJ
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