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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.59

+0.3%

Jan 23 9:30 AM EST

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To: The Phoenix who wrote (34271)	4/20/2000 10:37:00 PM
From: bambs	Read Replies (3) of 77400

Gary, I never said the long on this board are dumb. I just think you and the other longs that are counting on the stupidity of the general public to buy your shares at $80-$100 this year. Just like you counted on some fool to buy your COMS shares at $100. You talk of $1T and 10% like it's fact...like it's accepted...like it's a given. I think my growth projections where more then fair. Given your target of $17 billion earnings in 2005. With a P/E of 50 yields $122. So you expect a P/E of over 50 even in 2005! Again I ask, why should someone pay $100 this year for a stock that you think has a best case scenario of a P/E of 50 and only be trading at $122 in 2005? Why should they pay $65? You say the discussion is deteriorating! I say your arguments are. You said I am trying to talk down the stock. I admit it. I think it's out of line. You with your own arguments think it should go to $100 this year and be even more overvalued. You are pumping this stock...I think I am justified in calling you a pump and dumper. You like many before you invest in stocks like CSCO...pay your little membership fee to SI and pump away. You attack anyone that thinks stocks are overvalued as being a "short" say we are trying to talk it down like that's a bad thing. You are trying to pump it up! Do you ever think what happens when you back slapping longs are done pumping your stocks!!! Some sucker buys the dip in their 401k or RRSP and finds themselves working for another 5 years. That's the reality of what will happen to CSCO investors that get in at this level or God forbid, your $100 target. But you and the other old time longs on this board will take your big fat profits and retire to a beach. I know you will all attack me now for calling you pump and dumpers. I don't care...cause you are either that or just stupid in my opinion. Bambs Do you ever think about the people that get hurt?

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