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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Bretsky who wrote (21585)3/28/2000 5:51:00 PM
From: chaz  Read Replies (3) of 54805
 
CSCO

USA Today for Monday had an article on CSCO passing MSFT as world's largest cap company, but cautioned investors...saying CSCO, growing 29% annually, could not sustain that for the next 10 years or it would reach $9 trillion, larger than the entire US economy today.

I don't hold CSCO, for precisely that reason. The bigger the base number, the harder and harder it becomes to enlarge it by last year's rate, so I see declining growth rates...not the mode I want to invest in. A smaller company with a lower but increasing growth rate may (perhaps will), in terms of stock price, outperform the larger company rather easily. I think I'm talking myself into NT with this.

Chaz
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