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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST

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To: The Phoenix who wrote (34402)4/26/2000 6:25:00 PM
From: bambs  Read Replies (5) of 77400
 
Gary, I have conviction. I stated that I think the NAZ will see 2500 before 5000. The "so called 2900 support level" I was talking about was called on CNBC today. They said that if we break back down through 3500 again the next support level is 2900. I was just referring to this commentary.

You love to put words in my mouth. I never said that CSCO was a crap company. I have stated that CSCO is a fantastic company. That I think that the revenues and profit will most likely more than triple in the next five years. I just don't think it will go 6+ times like you. I also don't think it will trade at a P/E of 100 five years from now. I think it's way way way overvalued right now.

I'm getting sick of you attacking me by trying to twist my words or by putting words in my mouth. Are disagreement is simple you think that CSCO will have 50% year over year growth for five years and will still trade at a P/E of 100....I think you are crazy. CSCO will be dead money for at least a year or until the correction is complete and it's P/E comes into line with reality. CSCO is at the point DELL hit last April.

Chow,

Bambs
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