Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

Nov 14 9:30 AM EST

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To: telecomguy who wrote (33082)	3/28/2000 11:17:00 AM
From: GVTucker	Read Replies (1) of 77399

RE: shorting CSCO at these levels. Is CSCO absurdly priced? Of course. CSCO could easily decline 50% in a matter of weeks. CSCO could also not see another new high again for years; if fact, I'd argue that this is a high probability event. Unfortunately, absurdly priced stocks can also get even more absurdly priced. The world is littered with short sellers who were right in the long term, and bled to death being right. Successful short sales both an excessive price and deteriorating fundamentals. CSCO currently only has one of those traits.

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