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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.70+2.2%3:59 PM EST

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To: Lizzie Tudor who wrote (65004)10/24/2003 4:13:49 PM
From: RetiredNow  Read Replies (1) of 77400
 
Well, if you can get in on the IPO or if you buy some shares on the first day and make a profit, then my advise would be to sell immediately. That will be a company that is way overvalued. Amazon and Yahoo both have many different revenue streams, which diversify their risk, yet still I'd say their valuations were excessive. Therefore, I'd have to say Google's valuation, if priced at $16 Billion, will approach the ludicrous, given that they have only one or two real revenue streams. Caveat emptor.
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