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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.32

-0.1%

Jan 30 9:30 AM EST

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To: The Phoenix who wrote (34252)	4/20/2000 5:51:00 PM
From: lawdog	Read Replies (1) of 77400

Don't need 5000 routers to sell books over the net (not implying that AMZN is not one of those POSs). Don't have to have a cell phone that can surf the web. Come to think of it, I don't need most of this crap becuse it just clutters up my office. Much if this revolution is crap just like past "revolutions" - not that it's enntirely crap, people jsut have their exepectations a little high. CSCO is a fat pig and people will look back on this period of over speculation and stock market bubbles and wonder how CSCO could ever be worth more (in terms of market cap alone) than GE. It is excessive to say the least. The fact that people like you take a fallacy, CSCOs market cap as verification that you are correct, absolutely, is an indication that this is one more bubble that will burst. It is circular reasoning. The belief that the POS companies failure will have no impact on the 'real' companies is misguided and buy and holders will, at some point, pay the price. Even AG, PPT and AJC won't be able to put Humpty together again.

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