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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.34-2.9%Nov 4 3:59 PM EST

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To: SyncMan who wrote (35137)5/9/2000 9:48:00 PM
From: lawdog  Read Replies (3) of 77397
 
BTW, I owned thousands of shares dating from 1997. CSCO made me a very wealthy man and I am quite thankful. A few houses, sports cars and European adventures were bought with sweet CSCO appreciation. CSCO paid for law school. Some sucker reading this thread right now bought my shares from me. Thank you. CSCO stock had a great future then and its valuation made it nearly riskless. It has an average future now that is riddled with cracks.

My analysis then was right on the mark. I came very close to pegging the share price of CSCO 3 years in advance. I said 300 by May 2000, after splits it's now closer to 400 but it may still decline a bit. I'd say that's pretty darned good. I was right then. I'm right now. CSCO is high risk and the expected value of the return on CSCO is ZERO for the foreseable future.

Me jealous of you. Don't think so.
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