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Technology Stocks : Lucent Technologies (LU)
LU 2.430-5.1%3:59 PM EST
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To: Zoltan! who wrote (12046)1/5/2000 2:05:00 PM
From: Chuzzlewit  Read Replies (1) of 21876
 
Zoltan!,

Let me throw the ball in your court. Give me a rationale for CSCO's share price based either on projected earnings or cash flow together with long-term growth assumptions. If you can convince me I will buy today.

BTW, it is not axiomatic that if you buy a stock you endorse the price. Momentum investors and chart readers don't give a damn about valuation issues. If you want to see that in action just visit the QCOM thread.

TTFN,
CTC
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