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Technology Stocks : Nortel Networks (NT)
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To: MikeM54321 who wrote (5880)5/19/2000 11:42:00 PM
From: telecomguy  Read Replies (1) of 14638
 
No one is criticizing CSCO Mike..........just that it's valuation is probably out of line. And by the way, they are not SLOWLY trying to get into the Carrier space -- they are literally betting the company to get into the optics and wireless in the Carrier space. That's the problem in a nutshell.

If they didn't spend $20 billion trying to crack the Carrier market and redeployed that money in the enterprise space so that Junipers of the world never had a chance, I would feel much more comfortable owning CSCO.

CSCO is a great company and a good buy at a share price of say ......around $30 to $40 -- not $80.

That is ALL we are saying!
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