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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.46-3.7%3:59 PM EST

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To: Eski who wrote (32245)2/11/2000 1:37:00 PM
From: The Band Leader  Read Replies (1) of 77400
 
CSCO market value of 447.75 billion.

Does everyone understand the magnitude of that number? Only 6 billion people in the world. You do the math.
There are 3.42 billion shares. Sales are approximately $4.28 per share. It's a great company. It's been a great stock, too. But this is ridiculous.

Someone said here the other day that they bought CSCO at some ridiculously low price when "there was blood on the Street." This week there was confetti on the Street. To me that's time to sell. Most of you didn't want to, but I borrowed your shares and did it for you.

As someone suggested, I'm considering changing my name to Gorilla Balls for having the audacity to short a "Gorilla stock."
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