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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%3:59 PM EST

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To: bambs who wrote (36826)6/1/2000 10:39:00 AM
From: michael97123  Read Replies (1) of 77400
 
I have to answer this one. It's a good question. CSCO management always has said growth will be 30-50% range. Last quarter was 55%(I believe), in a super economy. So eco slowdown will bring CSCO back into the range. But CSCO is in the fastest growing segment of the economy. So bulls expect upper end of the range and that's how the stock is priced. If there were a recession then there would be some pain but a recession is not in the cards.
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