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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.38-0.5%Nov 18 3:59 PM EST

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To: lawdog who wrote (33247)4/1/2000 1:59:00 AM
From: Dan Hua  Read Replies (1) of 77400
 
That was an extremely well written summation of the over-valuation of Cisco. But you can't forget that many many stocks these days are just as or even more over-valued. Hell, if I were to sell all the stocks I thought were over-valued, I wouldn't be making a dime! You can't use the argument that csco has to sell x amount of dollars in the future to justify it's price. It's more about supply and demand. As long as people keep buying (and they are) csco will always be at a premium. Want to be a millionaire? never sell your csco!

dh
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